letter that came to my email tax on AMZN is a fact
Congress is considering online sales tax legislation that is wrongheaded and unfair, and I am writing to ask for your help in telling Congress "No!" to new sales taxes and burdens for small businesses.
Whether you're a consumer who loves the incredible selection and value that small businesses provide online, or a small-business seller who relies on the Internet for your livelihood, this legislation potentially affects you. For consumers, it means more money out of your pocket when you shop online from your favorite seller or small business shop owner. For small business sellers, it means you would be required to collect sales taxes nationwide from the more than 9,600 tax jurisdictions across the U.S. You also would face the prospect of being audited by out-of-state tax collectors. That's just wrong, and an unnecessary burden on you.
Big national retailers are aggressively lobbying Congress to pass online sales tax legislation to "level the playing field" with Amazon. And, as they compete with big retail, Amazon is advocating for this legislation too, while at the same time they are seeking local tax exemptions across the country to build warehouses. This is a "big retail battle" in which small businesses and consumers have a lot to lose. But eBay is fighting, as we have for more than 15 years, to protect small online businesses and sellers and ensure healthy competition, value, and selection that benefit consumers online.
The solution is simple: if Congress passes online sales tax legislation, we believe small businesses with less than 50 employees or less than $10 million in annual out-of-state sales should be exempt from the burden of collecting sales taxes nationwide. To put that in perspective, Amazon does more than $10 million in sales every 90 minutes. So we believe this is a reasonable exemption to protect small online businesses. That's what we're fighting for, and what big companies such as Amazon are fighting against.
Disagree.... In a nation of debt, ownerz, ceo's, execs run their entire untaxed livez through their businessez and then seek out every tax deduction on the planet to show how a profitable business losez money . They eat their before tax steaks, go to the before tax pro football game box seats, and take the 'business trip' to vale, while employeez on a payroll get clobbered on income with nowhere to hide. All business income should be taxed. Amazon, which certainly iz getting even more breaks by not paying salez tax then any small business (its only true cost advantage - but certainly not 'competitive') should be getting at least what every one of its land based competitorz gets and then some. This bs of hiding from taxez az bezos and co live extravagantly off of share holder equity and bond holder debt in the name of 'doing business' iz for the birdz, biatchez... Tax em all. Tax true business income . No more wellfare for ceoz... Pay the tax, pay the tax, tax tax tax.
This is all distraction from the big picture. The entire system is set for collapse. So they don't care. They are going to push it until it breaks and then not honor derivatives. As I've said many times, the Fed and others have simply not recognized the system level constraints on the model. The gold slam showed how little trust folks have in the system. JPM and fellow BB assumed everone would panic and sell. But, HFT cannot manipulation only works in our scam float jam financial markets. Elsewhere, human judgment still prevails. In the end, that judgment will win.
Yes, we should also start a campaign to allow amazon to evade income tax, property tax, corporate tax. Amazon shareholders should also be exempt from all taxes because they provide service to small businesses who provide great service.