Originally Posted by chas3stix
While we're on the topic of taxes......there is an internet sales tax making its way through Congress. Congress never saw a tax they didn't like. This could impact Len's internet sales operation. What will they think of next? Don't ask.
Len isn't the only one with an Internet business on here. I have one as well, just not in this venue, so it's never mentioned on this site....
Actually, Len and myself will be immune to collection of sales tax. You have do do a million or better in gross sales, then you become liable to collect the sales tax on interstate customers. So the trick is, if you will, do stay under a million in gross sales. No issue for me and I don't think Len will have an issue either.
The bill is aimed squarely at online retailers like Amazon and Flea Bay and is being lobbied and bankrolled by retailers who say that Internet sales is unfair.
Typical Washingtom back room politics at it's best.
Nothing new and everything old. Same old crap sponsored by the same old group of Democrats and conveniently greased by corporate America.