Writing about sales taxes for Internet businesses today. First words "Here. Be. Dragons." Crazy how much uncertainty there is about this.
-
-
Replying to @patio11
Most entrepreneurs of my acquaintance either experience tremendous stress about this or say "Eff it catch me if you can."
1 reply 0 retweets 2 likes -
-
Replying to @patio11
The biggest impediment in the US is that, for historical reasons, sales taxes are assessed by literally more than 4,000 different places.
2 replies 1 retweet 5 likes -
Replying to @patio11
Every year Congress tries a few stabs at writing a law to simplify it and every year it gets put off until next year https://www.internetretailer.com/2016/08/25/lawmakers-queue-simplified-online-sales-tax-bill …
2 replies 1 retweet 4 likes -
Replying to @patio11
If they made me Tax Czar, I'd say "We establish a national Internet tax clearinghouse. It charges one flat rate for all US transactions."
2 replies 0 retweets 9 likes -
Replying to @patio11
"States can pick: they either get weighted-by-population share of free money from the clearinghouse *or* they administer their own tax laws"
1 reply 0 retweets 5 likes
<political valence to this observation>This bakes in that you'd have to vote "loudly" to raise the Internet tax if you wanted to.</politics>
Loading seems to be taking a while.
Twitter may be over capacity or experiencing a momentary hiccup. Try again or visit Twitter Status for more information.