Message Font: Serif | Sans-Serif
 
No. of Recommendations: 3
http://www.fool.com/News/Take/2003/mft/mft03021304.htm


And thoughts...

Target, Toys R Us, Wal-Mart added sales tax to online sales after the fact -- they didn't always charge it just because of a physical store presence in states. All online sales were/are exempt from state tax. They added state taxes in part so they could allow customers to return merchandise to their state stores. There was a legal necessity to tax it.

Collecting sales tax, which some say will be burdensome and costly, won't be such a nightmare once law is simplified. Additionally, it isn't a nightmare enough to materially impact an operation as large as Amazon. Once a system for charging is in place, it's in place.

Amazon isn't any less competitive if its product prices remain lower than competitors' and its shipping remains free on most orders. Everyone will be charging tax if Amazon is charging a tax (it's a hold-out). So, overall, nonissue. The link above talks about it.
Print the post  

Announcements

What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Community Home
Speak Your Mind, Start Your Blog, Rate Your Stocks

Community Team Fools - who are those TMF's?
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.
Advertisement