In order to participate in the GunBroker Member forums, you must be logged in with your GunBroker.com account. Click the sign-in button at the top right of the forums page to get connected.

e-commerce sale tax fight reaches Supreme Court

serfserf Member Posts: 9,217 ✭✭✭✭
edited June 2018 in Politics
Any wild guesses on this outcome as President Trump clamours for more tax revenue to pay down the principle on 22 trillion dollars of Debt?

Oh wait he just gave away billions on taxes for big business but the little people well you get the picture here don't you? No need in explaining it.

serf

https://www.reuters.com/article/us-usa-court-taxes-preview/south-dakota-e-commerce-sale-tax-fight-reaches-u-s-supreme-court-idUSKBN1HM0G1

WASHINGTON (Reuters) - A high-stakes showdown at the U.S. Supreme Court on Tuesday will determine whether states can force out-of-state online retailers to collect sales taxes in a fight between South Dakota and e-commerce businesses.

?Win or lose at the Supreme Court, we will continue to advocate for a legislative solution and a level playing field where all retailers collect and remit sales tax on the same basis,? Wayfair spokeswoman Jane Carpenter said in a statement.

Comments

  • spasmcreekspasmcreek Member Posts: 37,724 ✭✭✭
    edited November -1
    taxes ALWAYS GO ^^^^^UP^^^^ bet me on the outcome
  • Don McManusDon McManus Member Posts: 23,458 ✭✭✭✭
    edited November -1
    quote:Originally posted by serf


    Any wild guesses on this outcome as President Trump clamours for more tax revenue to pay down the principle on 22 trillion dollars of Debt?

    Oh wait he just gave away billions on taxes for big business but the little people well you get the picture here don't you? No need in explaining it.

    serf

    https://www.reuters.com/article/us-usa-court-taxes-preview/south-dakota-e-commerce-sale-tax-fight-reaches-u-s-supreme-court-idUSKBN1HM0G1

    WASHINGTON (Reuters) - A high-stakes showdown at the U.S. Supreme Court on Tuesday will determine whether states can force out-of-state online retailers to collect sales taxes in a fight between South Dakota and e-commerce businesses.

    ?Win or lose at the Supreme Court, we will continue to advocate for a legislative solution and a level playing field where all retailers collect and remit sales tax on the same basis,? Wayfair spokeswoman Jane Carpenter said in a statement.


    Considering that this will have a negligible (if any) impact upon Federal revenue, I am unsure of how this connects with the Federal debt. Also, we will not know for a couple of years of the reduction in the maximum business tax rate will have a significant impact upon tax revenue. The 60% reduction in the maximum rate will make quite a few tax avoidance techniques less attractive. It is not coincidence that companies rushed to pay bonuses in FY 2017. Those bonuses cost the business 65 cents on the dollar.

    Those same bonuses in 2018 will cost them 80 cents on the dollar. My guess is we will see a reduction in corporate charity gimmicks that a designed for entertainment of employees and customers, as these gimmick charity events will cost the company almost 25% more this year.

    The biggest positive of the corporate tax cut is, IMO, that it has the potential to reduce these games as they will end up costing a lot more than before.
    Freedom and a submissive populace cannot co-exist.

    Brad Steele
  • MobuckMobuck Member Posts: 13,733 ✭✭✭✭
    edited November -1
    "Considering that this will have a negligible (if any) impact upon Federal revenue,"

    It does however have a significant impact on state taxes and how/where buyers spend their $$. When I make a purchase, tax/no tax is included in the bottom line. If I can buy something and shipping is less than state tax, I order it.
    Part of this stems from some "feel good" state sales taxes voted in decades back that were supposed to support our bunny cops and state lands management. Immediately, the bunny cops started spending big bucks on equipment and "research" on re-introducing species that either couldn't survive in a populated area or were exterminated due to their unacceptable eating habits.
    A percentage of every sales tax dollar goes to this agency and I don't intend to support this activity any more than the absolute minimum.
  • cbyerlycbyerly Member Posts: 689 ✭✭
    edited November -1
    The crux of the issue is weather States can force internet sellers to collect STATE sales taxes. It is not a federal tax issue.
  • Don McManusDon McManus Member Posts: 23,458 ✭✭✭✭
    edited November -1
    quote:Originally posted by cbyerly
    The crux of the issue is weather States can force internet sellers to collect STATE sales taxes. It is not a federal tax issue.


    Brick and mortar businesses are lobbying hard for the Federal Government, via the Commerce Clause, to mandate that all internet sellers collect local (destination) sales taxes for all internet sales. Many states have laws on the books where the paying of these taxes is tasked to the buyer, but obviously collections are minimal.

    Internet sellers that have a physical location in the destination state typically collect that state's sales tax as the state has some leverage over them. The state I previously resided in, for example, required FFLs to collect sales tax on all internet firearm purchases. They could do this because of the physical presence and licensing control they had over the FFL.

    The only way the states have to collect sales taxes on sellers without a physical presence in the state is for a Federal Law to be passed mandating the collection of said taxes. Don't know how this will affect international sellers.
    Freedom and a submissive populace cannot co-exist.

    Brad Steele
  • serfserf Member Posts: 9,217 ✭✭✭✭
    edited November -1
    It will be coming soon as they make it a cashless society, No need to stirring up the killer bees until they get it all done in one big NWO legislation to control the system for all participates.

    The Communist have already enslaved their people and we are not too far behind. It's too late for our Republic here in The USA for there is no outcry from we the people that can or would stop it.

    The One world system has already enveloped all tribes and nations under their total control, Believe it or not.

    serf

    http://retailasiaonline.com/convenience-and-a-cashless-society-fuel-m-commerce-in-china/

    China is now a global example not only for mobile-first consumer behaviour but also for a cashless society. Mobile is not just a communication tool anymore but a Swiss Army knife providing convenience, speed, social sharing and payment capabilities.
  • gruntledgruntled Member Posts: 8,218 ✭✭
    edited November -1
    [/quote]
    This has to do with states collecting sales tax within their states ... the federal gov't doesn't collect 'sales tax'.
    [/quote]

    Shhhhhh! Don't give them any ideas. They would love to have something like a value added tax at the Federal level.
  • spasmcreekspasmcreek Member Posts: 37,724 ✭✭✭
    edited November -1
    sme of our towns in kansas have 9-10%....try not to buy to much there..where that really hurts is to buy a new vehicle
  • serfserf Member Posts: 9,217 ✭✭✭✭
    edited November -1
    quote:Originally posted by gruntled

    This has to do with states collecting sales tax within their states ... the federal gov't doesn't collect 'sales tax'.
    [/quote]

    Shhhhhh! Don't give them any ideas. They would love to have something like a value added tax at the Federal level.
    [/quote]

    That is a simple software issue on the company's computer to relay all the tax funds to individual states after the sale. Internet or local does not matter.

    serf
  • gruntledgruntled Member Posts: 8,218 ✭✭
    edited November -1
    I remember when we first moved to Kalifornia & the sales tax was a mind numbing 4%. Of course back then there were a lot of things you could buy for a nickel or a dime so no tax & food to go was not taxed. (McDonalds for example). Silly people say it's inflation. NO, the increases in prices would take care of inflation. Same thing with the increase in what you are expected to tip.
  • droptopdroptop Member Posts: 8,367 ✭✭
    edited November -1
    The U.S. debt clock: http://www.usdebtclock.org

    Long ways, relatively speaking, from 22 Trillion.[:D]
    BTW: Supreme court says, GO GET THEIR MONEY !!!
    https://www.digitalcommerce360.com/2018/06/21/the-supreme-court-allows-states-to-collect-internet-sales-tax/
Sign In or Register to comment.