Supreme Court takes up internet sales tax case

Topic by 743 roadmaster

743 roadmaster

Home Forums Money Supreme Court takes up internet sales tax case

This topic contains 7 replies, has 7 voices, and was last updated by ResidentEvil7  ResidentEvil7 1 year, 9 months ago.

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  • #785384
    +1
    743 roadmaster
    743 roadmaster
    Participant

    https://www.nbcnews.com/politics/supreme-court/paying-billions-more-online-supreme-court-takes-internet-sales-tax-n864001

    The justices will decide whether to overturn 50 years’ worth of rulings barring states from imposing sales taxes on whatever their residents buy from out-of-state retailers.

    ——-Something to watch.

    mgtow is its own worst enemy- https://www.campusreform.org/

    #785716
    +1
    Stargazer
    Stargazer
    Participant
    12505

    The final convulsions of a dying beast may yet kill you.

    If you were planning to make any large online purchases, make them now… just in case.

    #785859
    743 roadmaster
    743 roadmaster
    Participant

    https://www.usatoday.com/story/news/politics/2018/04/17/supreme-court-closely-divided-changing-rules-online-sales-tax-collection/524201002/

    By the end of an hour’s debate, it appeared that Chief Justice John Roberts and Justices Stephen Breyer, Samuel Alito, Sonia Sotomayor and Elena Kagan might uphold the court’s precedent and leave the current system in place. That would leave states unable to collect sales taxes from small and mid-size online retailers without a physical presence.

    ——-with debate still going on it is looking like the current law will stand.

    mgtow is its own worst enemy- https://www.campusreform.org/

    #785891
    Secret Agent MGTOW
    Secret Agent MGTOW
    Participant
    22502

    Essentially it makes states and businesses de facto tax collectors for everyone. People not even in their state, answerable to every other state they don’t have any connection to.

    Lets just all put on our job titles, Tax Collectors.

    Women want everything, but want responsibility and accountability for nothing.

    #785944
    +1
    KevinStyles
    KevinStyles
    Participant
    2580

    Pretty much the only reason i order expensive stuff from newegg.com is to save the 9% in taxes i would otherwise have to pay at amazon.

    #786556
    +2
    DarkRyu
    DarkRyu
    Participant
    2354

    I hope they tax everything bought online. It creates an unfair advantage for Amazon and other online retailers and is accelerating the demise of brick and mortar. I wouldn’t buy even 10% of what I buy if I couldn’t physically go and see it first. And I wouldn’t buy anything at all if I had to deal with shipping and other BS in order to do a return.

    Online is great if you know EXACTLY what it is you’re buying and you’re 100% CERTAIN that you want it and aren’t going to need to return it. In other words, something you’ve already bought and you know that you absolutely need. But I don’t know. If I need something, I need it NOW, not days/weeks later when it finally arrives on my doorstep, usually broken from the idiot package delivery guy from India.

    I just wish stores would actually stock s~~~. Half the time I’m stuck going to several different Target’s or whatever to find what I need because the damned stores only get a few in stock each week. Their answer? Buy it from their website. I DON’T WANT TO BUY IT FROM YOUR WEBSITE YOU F~~~ING C~~~~~~~~~S! THAT’S WHY I’M HERE IN THE STORE RIGHT NOW TRYING TO BUY IT!

    #787178
    +1
    Y_
    Y_
    Participant
    4591

    This is bad news for the general online retail stores – majority that as yet do not pay online tax. This is re-looking at the 1992 Quill decision. In that pre-web case governing mail-order catalog sales, the court ruled that a business is required to collect sales tax only in those jurisdictions where it has a physical “nexus” — a retail store, a warehouse, etc.

    It was by the Quill decision that Amazon was able to initially displace retail stores. Why go to the store when you can have it delivered without a tax on it? As Amazon opened more warehouses and distribution centers it was then charging sales tax in every state as required — although for now local sales taxes are not included. But Amazon has been ready for that since 2011.

    The real small mom and pop type ventures of about 15 million people are going to get screwed – again – by the filthy taxman even though they do not have a physical presence if the court rules for South Dakota in the case.

    That’s because there are roughly 9,600 combinations of state and local sales taxes across the country. More online small businesses will decide they have no choice but to be assimilated. Resistance is futile

    #787937
    +1
    ResidentEvil7
    ResidentEvil7
    Participant
    9540

    I hope they tax everything bought online. It creates an unfair advantage for Amazon and other online retailers and is accelerating the demise of brick and mortar. I wouldn’t buy even 10% of what I buy if I couldn’t physically go and see it first. And I wouldn’t buy anything at all if I had to deal with shipping and other BS in order to do a return.

    I’m with you on this one. I’m sick of seeing major retail companies go out of business after decades or even over a century of business, because online sales including Amazon are killing them. Lazy millennials and their online sales including with Amazon are killing these stores and malls, which means more retail competition for me when it comes to getting a job.

    If I can only find items online, but not in a store, then I’ll get it on eBay. But I prefer to go to a store and give them business, and support the jobs those retailers are doing.

    Seriously, does the internet have to destroy everything including things that have been around for many years?!

    https://themanszone.webs.com/

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