Quote:
Originally Posted by Jim in CT
I'm confused...Zimmy says that raising taxes on business has no consequences?? If Zimmy is correct, why would Amazon leave South Cariolina? If Zimmy is correct, how can tax hikes hurt business owners like Johnny D?
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I think you're missing a big part of what this is about, because no one is raising taxes in this situation. There is no tax hike here.
What this is largely about is a big company using its influence to avoid having to collect a tax in order to maintain a price advantage over competitors (local to that state or otherwise) who do have to charge the sales tax due to being a business in that state.
Remember, this is NOT a tax on Amazon - the debate is about the same sales tax that
any other business that operates in that state is obligated to collect.
It won't come directly out of Amazon's bottom line; the ONLY hit would be that their price advantage would disappear. Which may (obviously they are convinced...) reduce their sales in that state.
Welcome to playing by the rules everyone else does.
But Amazon believes it's special and shouldn't have to. Cabelas and Bass Pro Shops are famous for same tactic and small businesses have railed against it for years.
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