« E-books & stores? Dragons have armor chinks | Main | Transformation and Relationship »

November 01, 2010


Feed You can follow this conversation by subscribing to the comment feed for this post.

ata voip

However, in some, like Colorado, the online predator of local subsidiaries to avoid paying sales tax after a state law that requires as has been adopted.

Coach Outlet Store Online

I hope this allowed, I have never used this website before so I wasn't really sure what this was going to do. So this is just a test post. I really like this forum, it has some excellent discussions that take place.

Online Sales Tax

I completely disagree with you on this. If you want to look at the financial difficulties facing local businesses, look no further than the big-box stores. If you have a Home Depot, you have no more family hardware stores. If you have a Barnes & Noble, there are no more small bookstores... This started long before Amazon came along as a viable challenge to the big-box stores.

I would argue that online retailers don't hurt local businesses at any appreciable level. 98% of people search online for products and services and 68% of them still buy locally. Actually, affiliate programs have become a useful source of supplemental income for small businesses, churches, libraries and nonprofits.

If you look at Rhode Island, they have lost money because of the new nexus laws. People make less money therefore tax revenue is down, people with large enough online income are moving out of the state and the state has collected $0 in tax revenue because online retailers simply terminate their affiliate programs in that state to ramain competitive.

Unfortunately, more and more state lawmakers (CT, CA, NC, etc.) are fooled into believing they are leveling the playing field. In actuality, they are hurting individuals and small businesses, making no difference in same store sales for big-box stores and diminishing revenues for their states.

Eric Grimm

The proposed Main Street Fairness Act exempts small businesses that remotely sell into states. Small hasn't been defined, but it's expected to be at sales of $500,000 annually sold remotely into states. If you are selling in the state where you live, you already are supposed to be collecting and paying sales taxes.
I'm haven't seen statistics on lost sales from affiliates that haven't been picked up by local brick and mortar stores that do pay sales taxes and support local services, such as police, parks, and fire. Local jobs do more for the economy that Internet only retailers or big-box stores that send most tax revenues back to their headquarter states.
In some states, the price differential without sales tax is as much as 10% (Tennessee). California sales tax is about 8%. That's a level playing field?

phoenix auctions

Arm yourself with research. You might go to the first auction that comes your way without any knowledge of how it works.

phoenix auctions

Be there at the right time. Private buyers usually flock auction houses to force the prices to increase at night and especially during Saturdays.

The comments to this entry are closed.