Go ahead, pass the Internet tax. Your (foreign) competitors thank you.
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Re: Go ahead, pass the Internet tax. Your (foreign) competitors thank you.
#2Just wait for the "foreign transaction fee" on the credit cards to become federally mandated 15% instead of 3%. Then you'll see.
Re: Go ahead, pass the Internet tax. Your (foreign) competitors thank you.
#3Absolutely agreed here, this is just going to give an edge to companies outside the US.
Worse still, it's going to hit small businesses worse because they will simply have no choice but to pay it. The mega corps have their accounting down to an art, they'll figure out a way past it given how many gray areas are inevitable in a completely new form of tax like this.
Re: Go ahead, pass the Internet tax. Your (foreign) competitors thank you.
#4Sounds like taxation without representation to me.
Re: Go ahead, pass the Internet tax. Your (foreign) competitors thank you.
#5This tax could make Oregonian consumers pretty popular: nothing to collect, no tax, no hassle.
Re: Go ahead, pass the Internet tax. Your (foreign) competitors thank you.
#6Just wait for the "foreign transaction fee" on the credit cards to become federally mandated 15% instead of 3%. Then you'll see.
That's where Bitcoin comes in :)
Re: Go ahead, pass the Internet tax. Your (foreign) competitors thank you.
#7Sounds like taxation without representation to me.
Are you saying that Network Solutions and GoDaddy should have seats in Congress?
Re: Go ahead, pass the Internet tax. Your (foreign) competitors thank you.
#8I am slightly bemused by the fact that the US - which in Europe is often seen as very lax on taxes - is doing this and it is not even being considered in Europe. That might change, sure, but Europeans tend to like taxing things. And if this haven't even made a consideration among European lawmakers, just how far from the pack have the US lawmakers gone?
Re: Go ahead, pass the Internet tax. Your (foreign) competitors thank you.
#9Re: Go ahead, pass the Internet tax. Your (foreign) competitors thank you.
#10In EU internet purchases were always taxed, and yet online-only competitors still manage to compete with brick-and-mortar stores very successfully. So this article is quite bollocks.