Message Font: Serif | Sans-Serif
UnThreaded | Threaded | Whole Thread (22) | Ignore Thread Prev | Next
Author: TMFJeff Big funky green star, 20000 posts Top Recommended Fools Old School Fool CAPS All Star SC1 Red Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 58882  
Subject: Fool on AMZN today Date: 2/13/2003 3:19 PM
Post New | Post Reply | Reply Later | Create Poll Report this Post | Recommend it!
Recommendations: 3

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.
Post New | Post Reply | Reply Later | Create Poll Report this Post | Recommend it!
Print the post  
UnThreaded | Threaded | Whole Thread (22) | Ignore Thread Prev | Next


Foolanthropy 2015!
Fistula Foundation: A World of Good!
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.
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
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.