Bedford Ramblings
Steve Mills

A little disappointed in Lamar Alexander and others

Posted Thursday, November 10, 2011, at 9:04 AM
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  • Steve, I agree a lot of our politicians have been in office too long. Yes, it must mess with the head as it seems they forget who they were put in office to represent, the people, not what they can take from the tax payers.

    -- Posted by Poksalad on Thu, Nov 10, 2011, at 9:14 AM
  • Just to clarify, the bill as I understand it does not create a "national sales tax." What it does is give states the power to require that online merchants collect state sales tax -- provided that any state wishing to take advantage of the law streamlines and standardizes its tax policies and procedures. No one is requiring that any state do this; it would be up to the states to opt-in.

    Technically, of course, state sales tax already applies to online sales, but since out-of-state vendors can't be forced to collect it under current law customers are supposed to report and pay it themselves. Needless to say, I'm sure compliance with this is quite low. :)

    Sellers with less than a half-million in annual sales would be exempt.

    -- Posted by Jicarney on Thu, Nov 10, 2011, at 10:08 AM
  • If leveling the playing field for taxes is the goal, why not start with a single tax rate for everyone?

    -- Posted by quietmike on Thu, Nov 10, 2011, at 3:40 PM
  • John, thanks for reading it all. I have not been able to get to that point about less than half a million in sales. I might fall under that quota and so would many small businesses.

    Levelling the taxes was not the basis as I understand, but I have heard that used before so I thought I would preempt it.

    John, did they say who would actually collect these taxes? If the Feds are in it, what strings will be attached for the States?

    -- Posted by stevemills on Thu, Nov 10, 2011, at 5:52 PM
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