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 Post subject: Internet Sales Tax -Ugh
PostPosted: Wed Jul 25, 2012 4:38 pm 
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This might take place soon and make sales more complicated for businesses.
Ugh.It was also mentioned at Sim HQ too but now is also a story at Tom's Hardware.

"Internet Sales Tax Bill Gaining Momentum"


http://www.tomshardware.com/news/Market ... 16429.html

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PostPosted: Wed Jul 25, 2012 6:02 pm 
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Wow only in the USA :-) didn't know u guys didn't pay tax online
Try online shopping @ an Australian site we have all ways paid sales tax (10%)

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PostPosted: Wed Jul 25, 2012 6:36 pm 
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Rule of thumb regarding taxes vs. subsidies:

If you want less of something, tax it. If you want more of something, subsidize it.

Cheers!

Bud

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PostPosted: Wed Jul 25, 2012 7:02 pm 
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Won't make me purchase less... Even with a sales tax added to internet purchases it will still be cheaper than going to a regular store. That is the ironic thing about all of this. Brick and mortar stores back internet taxes because they think it will bring business back to them. In reality it is not going to make any difference except to increase the governments revenue stream. I am not really to thrilled with it, but I have accepted that at some point it was coming.

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PostPosted: Wed Jul 25, 2012 9:31 pm 
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We'll still consume "roughly" the same amount depending on the rate. The low margin industries will be affected the most. Unfortunately for elastic goods, the Seller will bear a portion of the new burden.

Cheers!

Bud

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PostPosted: Wed Jul 25, 2012 10:42 pm 
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I got rid of my Pay Pal account because they want to send a list of all of my transactions to the state I live in so they can send me a sales tax bill. It was in the fine print on there "New" agreement starting this year.


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PostPosted: Thu Jul 26, 2012 12:00 am 
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hello America, welcome to the rest of the world :twisted:


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PostPosted: Thu Jul 26, 2012 4:21 am 
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You have no idea how demoralising it is to look at the price of an expensive guitar or new computer retailing at £1200 and see that £200 of that is VAT added onto the real price of £1000. Even worse with cars. My dad had the luxury of buying a car (and other things) without VAT once upon a time and I guarantee you he would relish the opportunity to do so again :lol:

The fact of the matter is the respective governments need to raise tax money. 1. to fix the economy and provide a flow of capital for investments. 2. to pay for their ridiculous, almost imperialist foreign policy of late. 3. A lot of people have decided they don't like paying tax but do like to still use public services. :roll:

In the UK's case this would mean care via the NHS, have the Police and Military protection etc. I would genuinely like to see a tax evader get shot and then the UK government turn a blind eye because they were not covered under public services :lol: or indeed the government waste money saving expatriates in oil based dictatorships, who almost certainly don't pay tax, from civil wars :P

Some successful people also have this 'I am more successful because I am better and work harder than other people' self attribution fallacy which they believe excludes them for tax because it is their money 'that they worked hard for', so allegedly others didn't right :?:

:idea:
In reality this is the amount of money the market has traded them for their services, in many cases what they have effectively convinced (in a lot of cases exploited) those with capital resource equivalence (money) that their service is worth.
If more of the populace understood macroeconomics we could probably fix this scenario by forcing competition to the point of wage reductions, another way to say demanding a consistently lower price where possible :wink:

Furthermore I don't doubt that the wealthy do work hard, long hours, are smart etc. but there are (and most) successful people have had favourable circumstances and probabilities (just do a wiki search), even being middle class counts better relative to coming from a poorer class, bad area, with little opportunity and possibly Jeremy Kyle Show parents :shock: Life itself is the result of how one reacts with millions of probability based events. This very post for example may or may not have an effect on me and others :wink: You can reasonably predict decision making, behaviours, intelligence etc. from environmental conditioning - Scientists have proven this so there is reason to believe that environmental probabilities play a very large role in the success of interacting within that environment. Humans are just too self proud and sometimes narcissistic to understand this, ironically this prevents them from oding so and always try to rationalise everything; ever heard of the 'Black Swan Effect'.

Also if in a basic society there were 1000 people but with only 10 well paying jobs, all things remaining the same, no matter how hard or clever you were there would only still be ten places. I know this is very simplified and could be theoretically changed but you get the picture and besides it is much more complex than that to change, there are a lot of catch 22 scenarios and factors in economics. For these reasons I am an egalitarian :mrgreen:

People also need to understand the underlying macroeconomic situation. As China and other cheap labour countries advance their own standard of living and we fail to invest in technologies that will compensate for that there may be a 10-20 year shortfall where our standard of living will go down regardless as we wait for these technologies to bring the price of goods back down. A couple of things may cost double the price but then again we have never lived so well so I guess we will just have to purchase less frequently and hold onto technology for longer; not bad considering its current frenetic pace until technology reduces prices :(

The people I feel sorry for are those who wages do not allow them a comfortable lifestyle, I will try my best to help you guys out. Then again my generation has to look forward higher tax rates, buying a house for twice the price (inflation adjusted) than it was decade ago with relatively very little change (the same) earnings :shock:


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PostPosted: Thu Jul 26, 2012 3:11 pm 
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Here in Norway I think we pay about 24% in tax, but it differs a bit on which product it is. I must say that it supriced me a bit that you did not pay tax on such things.

May a bit of topic, but on stuff like petrol and tobacco and alcohol we tax on the tax, and not one time, on some product we pay tax on tax on tax. We pay a bit more than 2 dollars per liter of petrol, and nearly all is taxes. Tax on tax means, if a product cost 10 Nkr(Norwegian kronor), we pay first 24% Vat and that is 12,40 and then a luxory tax(something like 30-40% and more) of 12,40 which is 3.72-4,96, more fair would be that the luxory tax also was counted from 10 and not as it is now.


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PostPosted: Thu Jul 26, 2012 4:47 pm 
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Just some food for thought, generally when I pay taxes, it is in the realm of 30% or so of my earned income. My state takes an additional 7% on all purchases and earned income. Furthermore, one must understand we pay taxes that companies pass on to customers for things such as gasoline, food, internet/tv and other services.

Don't want to get into the politics of it, but just throwing that out there.

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PostPosted: Thu Jul 26, 2012 8:10 pm 
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stiz wrote:
hello America, welcome to the rest of the world :twisted:

Hello rest of the world..were americans.


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 Post subject: Internet Sales Tax -Ugh
PostPosted: Thu Jul 26, 2012 10:14 pm 
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+1 to what Cody said. I was thinking the same thing, but he nailed it.

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PostPosted: Fri Jul 27, 2012 2:26 pm 
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One thing I may not have understood right. What is originally discussed here in this thread is that you in USA are now going to pay tax on internet sales, like if A2A sell a modell to a Us citizen they should pay inn a tax for each sale. Have I understood it right, that if you bought that Add on in a game store, you pay tax but not if you buy it on internet?

It is interesting to know how this work in other countries, we have different tax paying systems in different countries. And then we have the black economy which most countries never have survieved without, but that is a whole other question.


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PostPosted: Fri Jul 27, 2012 2:36 pm 
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Wiqvist wrote:
One thing I may not have understood right. What is originally discussed here in this thread is that you in USA are now going to pay tax on internet sales, like if A2A sell a modell to a Us citizen they should pay inn a tax for each sale. Have I understood it right, that if you bought that Add on in a game store, you pay tax but not if you buy it on internet?

It is interesting to know how this work in other countries, we have different tax paying systems in different countries. And then we have the black economy which most countries never have survieved without, but that is a whole other question.

Yes, and no. The federal government does not put a sales tax directly on consumer products (but rather earned income), however individual states within the U.S. may opt to institute a sales tax. For example, in Washington State where I used to live, there was a sales tax on purchased (roughly 7% or so on the price of the product). In Oregon, there was no sales tax however property taxes were much higher than in Washington. It depends highly on the state itself.

What we are speaking about is that most internet based sales are not taxed, and the states haven't really had the power to add these sales tax onto the items themselves. The majority of the states in the U.S. have a sales tax, if not at the state level, sometimes at the local regional/city or town level. Essentially it is a damned mess but it gives individual states power, which is constitutional. The best way to think about it is that the U.S. like Europe is broken into individual countries. Each "state" has it's own set of rules, tax codes, etc. The federal government itself has it's laws which pertain to everyone regardless of state. Every state also has their own individual constitution as well. The concept anyways was to give states their own individual power, as what may work in Maine may not work in Oregon or say California. I digress, I think you get the point now.

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