THE NAME OF THE GAME BY ALL PRIVATE SECTOR BUSINESSES IS TO MAKE MONEY, GROW PROFITS, AND NOT BE TAXED. WHEN WILL DEMOCRATS LEARN THEY CAN?T BULLY ANYONE TO PAY THEIR OUTRAGEOUS OUT OF CONTROL SPENDING. SPECIALLY TO PAY FOR THOSE IN GOVERNMENT WHOSE OVER STUFFED UNION PENSIONS TAKES MONEY FROM HARD WORKING PEOPLE JUST TO GIVE UNION THE CUSHY BENEFITS. BENEFITS THAT WAS FINAGLED BY MEANS OF ELECTION PAYOFFS. WHO IS KIDDING WHO. HATS OFF TO AMAZON FOR STANDING UP AGAINST BEING OVER TAXED ALREADY.
Board of Equalization Member George Runner blasted Brown for signing the law. ?Even as Governor Jerry Brown lifted his pen to sign this legislation, thousands of affiliates across California were losing their jobs. The so-called ?Amazon tax? is truly a lose-lose proposition for California. Not only won?t we see the promised revenues, we?ll actually lose income tax revenue as affiliates move to other states.?
Gov. Jerry Brown has signed into law California?s tax on Internet sales through affiliate advertising which will immediately cut small-business website revenue 20% to 30%, experts say.
The bill, AB 28X, takes effect immediately. The state Board of Equalization says the tax will raise $200 million a year, but critics claim it will raise nothing because online retailers will end their affiliate programs rather than collect the tax.
New York in 2008 passed a law to require companies with online affiliate advertising programs to collect sales tax for sales through those affiliates based in New York. Since then Rhode Island, North Carolina, Illinois, Arkansas and Connecticut passed similar laws.
THIS GOVERNOR HAS NO CLUE. THE INTERNET ECONOMY IS GROWING IN LEAPS EVERY YEAR. CALIFORNIA WILL BE LEFT BEHIND BY THIS LEGISLATION.
http://www.ocregister.com/articles/amazon-306409-affiliate-california.html
This entry was posted in MY GOVERNMENT. Bookmark the permalink.federal reserve david duchovny david duchovny navy pier the bachelor pid carbonite
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.