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>The lack of sales tax hurts local tax entities far worse than it hurts Amazon's competitors. Except that proposals to collect online sales tax would hurt loca
by einhverfr 14y ago
>The lack of sales tax hurts local tax entities far worse than it hurts Amazon's competitors.
Except that proposals to collect online sales tax would hurt local retailers even worse if they followed the law.
- rat87 14y agoNot because Amazon would be paying local sales tax, because their new business plans with 1 day shipping might(!!) bring them into more competition with local retailers. States putting pressure on Amazon to collect sales tax may have encouraged Amazon into this plan but based on their past opposition I think it has more to do with their guesses about the market.
- einhverfr 14y agoThe problem though is that a big company like Amazon can afford to worry about paying sales taxes properly. I worry about the electronic store that delivers though, being forced out of business due to increasingly complex sales tax reporting requirements. It seems to me it gives the online retailers way too much power over local competition when a department of revenue audit could be used to sink the B&M retailers.