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 Replies: 20 / Views: 4,581 |
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Pillar of the Community
United States
1804 Posts |
Found this in my ebay box. Any way to get a buck for the Washington fat cats?   ebay fees, Paypal fees, Shipping cost, insurance cost, lost (stolen) in transit etc., is ENOUGH Quote:The voters have spoken. The current lame duck Congress will soon end their work, and come January, a new Congress will take on the challenges facing the nation. Unfortunately, there is a last-minute effort underway to rush an Internet sales tax billâ€"a bill that fails to protect small businesses like yoursâ€"into law. If you oppose this lame duck Congress passing this last-minute Internet sales tax bill, the time to let your members of Congress know is now. Making your voice heard is easyâ€"click here to contact your members of Congress. Together, we can make a difference. Sincerely, Tod Cohen Vice President & Deputy General Counsel, Government Relations ebay Inc. |
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Pillar of the Community
United States
7624 Posts |
ebay knows that an "Internet sales based National sales tax" will severely dampen "THEIR" business. Many Sellers will call it quits when it happens. A lot of Buyers will walk away and just head over to the brick and mortar to pick up their purchases. The sales tax advantage the Internet had will be gone. It's just a matter of time before it happens.
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Pillar of the Community
Canada
2124 Posts |
I think that will encourage buyers buying from abroad and sellers from US that only sell now to the internal market start selling abroad so no taxes are involved.
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Pillar of the Community
United States
1590 Posts |
I'm just cynical enough to think that ebay, with their pro buyers agenda, will simply take the tax from the sellers profits instead of charging the buyer. Then when they figure out that they only have to turn in the taxes they collect quarterly, they will quickly turn it into a profit generator. In other words they will make a boat load of money on it...for a quarter. After that the sellers will all bail. Lets face it, an extra 7 to 12 percent from your gross will kill most of our profit. |
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Moderator
 United States
16679 Posts |
I'll bail for sure. I just won't sell anymore and just buy at shows. Taxing and over regulating is a business killer. ebay will find a way around it like jmkendall pointed out, passing it on to the seller in the form of more fees. I won't be part of it. swcoin.ecrater.com
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Pillar of the Community
United States
589 Posts |
I read this as that we, the sellers, would have to pay the gov the sales tax, not that ebay pays the gov the tax. With that said, and since I don't honestly know, how does one actually pay sales tax collected to the government? On income taxes? |
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Forum Dad
United States
24170 Posts |
Quote:
Taxing and over regulating is a business killer. Yep, New Jersey chased us right to Delaware. |
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Pillar of the Community
United States
1660 Posts |
Lobbyists hired by ebay and Amazon will have much more influence than any amount of names on a petition. |
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Pillar of the Community
United States
1158 Posts |
Taxing local sales and not internet sales kills local and small businesses. This is actually good for the country. Internet sellers have had an unfair advantage in so many ways which allows them to be the price champions.
And in every state I'm familiar with, tax is required to be paid on internet purchases, they just don't do a good job enforcing it. So just look at it like now you might be forced to follow the law.
For typical person-to-person transactions, sales tax should not be required any more than it would if you bought a pair of old skis off your buddy.
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Pillar of the Community
 United States
4593 Posts |
You know, if there really IS a bill in Congress, then the "contact your congress-critter" bit is a lot more effective if you list the bill number.
-----Burton 50+ year / Life / Emeritus ANA member (joined 12/1/1973) Life member: Numismatics International, CONECA Member: TNA, FtWCC, NETCC, EveryCountry (online) coin club Owned by three cats and a wife of 40+ years (joined 1983) Author: 3rd Edition of the Sample Slabs book, https://www.sampleslabs.info/ |
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Pillar of the Community
United States
2335 Posts |
Google internet sales tax. Looks like the bill was tabled in the House. As it's written it only applies if you have $1,000,000 in annual sales.
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Pillar of the Community
United States
1158 Posts |
That's too bad. I don't love paying sales tax, but they need to level the playing field and collect what it due. Many localities are missing out on revenue they are entitled to by law, and that just means we will all make up the shortfall on property taxes, etc, while giving the biggest internet companies a huge competitive advantage to further destroy local stores.
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Pillar of the Community
 United States
1804 Posts |
tk... Quote:
That's too bad. I don't love paying sales tax, but they need to level the playing field and collect what it due. Many localities are missing out on revenue they are entitled to by law, and that just means we will all make up the shortfall on property taxes, etc, while giving the biggest internet companies a huge competitive advantage to further destroy local stores. ahhhh Very small local mom and pop stores 'round here ARE in the same actions. That is IF they care to do it? Even I sell a single Eisenhower Peg Legs... sometimes.  IMHO there is already too much ebay, Postage, Paypal, shipping, insurance etc., going on NOW  Then there is an issue, when the item is RETURNED.  Or lost (stolen) in the mailEdited by Domain555
11/18/2014 4:07 pm
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Pillar of the Community
United States
1158 Posts |
Private sales do not require sales tax now and they wouldn't on ebay under any new law, either. We are talking actual retail businesses. And returns are easy, just return the tax along with the purchase. Internet sales costs are nothing compared to managing a retail brick and mortar store, so I fail to see how that should exempt retail businesses from collecting and paying tax for web sales. |
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Pillar of the Community
United States
1590 Posts |
If it is tabled then it doesn't make any difference. However; as to the nuts and bolts IF it came to be. Then any sane bill would require ebay to collect the taxes. Otherwise you are requiring someone in Ohio to send taxes to, potentially, the franchise tax boards of 50 states. Not going to happen. The tax authority in Oregon is not going to have any right to investigate and fine a guy in Tenn for selling a single $.99 cent book. So it would almost require that ebay collect the taxes and send them off to the various agencies. |
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Pillar of the Community
United States
1158 Posts |
That's the downside of doing business in 50 states with 50 different tax laws. Perhaps we could reform tax law into a single national sales tax. Since that is not likely, previous bills have set a minimum sales level before the rule applies so that you'd be big enough to hire an accounting staff before you'd need to worry about.
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Replies: 20 / Views: 4,581 |
Posted 11/16/2014 12:46 pm
