It won't be long....
Majority of states pressing for taxing all Internet sales
written by: Paola Farer Web Producer reported by: Mark Koebrich 9NEWS Consumer Reporter Created: 6/3/2005 4:52 PM MDT - Updated: 6/4/2005 4:46 PM MDT DENVER - 9News has learned that 43 states have joined together in a coalition to collect sales tax on all Internet purchases. You already pay sales tax when you go online to buy from an established business like Eddie Bauer or Wal-Mart. But a lot of small Internet businesses and individual transactions float under the radar. The coalition is seeking expertise from Colorado's high tech industry to get the tax collection done electronically. "The Internet Tax Freedom Act says that states cannot treat sales on the Internet differently than they treat any other kind of sale--and this system that we've created does exactly that," says Scott Peterson with the Conforming States Committee, which is spearheading the effort. "It treats every sale exactly the same regardless if it's over the counter, over the catalogue, over the phone or over the Internet," he says. The states say they've been losing as much as $16 billion annually to the Internet. They say that new software will make collecting the money almost automatic and that they can have a system in place by Oct. 1. Colorado Governor Bill Owens says he doesn't like the idea and that Colorado won't be part of it. "We're getting lots of taxes in terms of income taxes and other taxes because of the rise of the Internet, we shouldn't tax sales over the Internet," said Owens. The proposal is for the new system to initially be voluntary. "So (unless) Congress were to act and make this mandatory, there would be no penalties," says Peterson. But there's a plus for businesses who do adopt the software. The states say the electronic system is so good, they'll designate participating businesses "audit proof." more headlines > (Copyright by KUSA-TV, All Rights Reserved) |
Greedy SOBS!!!! :mad: :mad: Not everthing has to be taxed to the hilt. :mad: Darn I knew this was coming time to go on a buying spree.
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What's next Thumb Tax? :rolleyes: :mad:
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Its the keystone in the Democrats party platform next election......if you had money leftover last payday they feel they are entitled to it.
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I imagine they'll eventually also tax websites like this one. A penny per post?
Boneheaddoctor: LOOKOUT!! |
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Maybe we should just give every cent we make to the gov and they can give us a couple bucks back. :rolleyes:
boneheaddoctor is it just me or is the liberal party sounding more and more communist? |
From Rubber Soul
Let me tell you how it will be,
There’s one for you, nineteen for me, ‘Cos I’m the Taxman, Yeah, I’m the Taxman. Should five per cent appear too small, Be thankful I don’t take it all, ‘Cos I’m the Taxman, Yeah, I’m the Taxman. If you drive a car, I’ll tax the street, If you try to sit, I’ll tax your seat, If you get too cold, I’ll tax the heat, If you take a walk, I’ll tax your feet. Taxman. ‘Cos I’m the Taxman, Yeah, I’m the Taxman. Don’t ask me what I want it for (Taxman Mister Wilson) If you don’t want to pay some more (Taxman Mister Heath), ‘Cos I’m the Taxman, Yeah, I’m the Taxman. Now my advice for those who die, Declare the pennies on your eyes, ‘Cos I’m the Taxman, Yeah, I’m the Taxman. And you’re working for no-one but me, Taxman. |
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