Little-Acorn
Well-Known Member
How many layoffs in California will result from these companies losing Amazon's business? How much income tax lost?
How long will California's liberal fanatics go on thinking that enacting more taxes, results in more tax revenue?
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http://www.foxbusiness.com/2011/06/30/amazon-drops-10000-california-partners-report/
Amazon Drops 10,000 California Partners: Report
by Sara Sjolin
Published June 30, 2011
NEW YORK -- Amazon.com Inc. plans to cut ties with 10,000 California marketing affiliates to avoid collecting a new state tax, according to a report released late Wednesday. The Los Angeles Times said that the tax would force Amazon to collect California state sales tax on purchases made through the affiliates, as part of Gov. Jerry Brown's plan to close a budget gap in 2011-2012.
The affiliates use Amazon to sell their products and are paid either a percentage of the sales or get a commission from Amazon after each sale. Other states have required online retailers to collect sales taxes if they have online affiliates in the state, and Amazon has responded by dropping affiliates in those states.
"This legislation is counterproductive and will not cause our retail business to collect sales tax for the state," said Paul Misener, Amazon's global-policy vice president, in a statement according to the Wall Street Journal.
How long will California's liberal fanatics go on thinking that enacting more taxes, results in more tax revenue?
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http://www.foxbusiness.com/2011/06/30/amazon-drops-10000-california-partners-report/
Amazon Drops 10,000 California Partners: Report
by Sara Sjolin
Published June 30, 2011
NEW YORK -- Amazon.com Inc. plans to cut ties with 10,000 California marketing affiliates to avoid collecting a new state tax, according to a report released late Wednesday. The Los Angeles Times said that the tax would force Amazon to collect California state sales tax on purchases made through the affiliates, as part of Gov. Jerry Brown's plan to close a budget gap in 2011-2012.
The affiliates use Amazon to sell their products and are paid either a percentage of the sales or get a commission from Amazon after each sale. Other states have required online retailers to collect sales taxes if they have online affiliates in the state, and Amazon has responded by dropping affiliates in those states.
"This legislation is counterproductive and will not cause our retail business to collect sales tax for the state," said Paul Misener, Amazon's global-policy vice president, in a statement according to the Wall Street Journal.