Wednesday, September 28, 2011

Feeling like Warren Buffett here...

My response to this news is "Tax me more!", even though Amazon is pretty much the only place where I shop -- and books are as important to me as food...

Not that I think that the wasteful and stupid California government needs more money. But the structural unfairness of making the crotchety guy at Book 'Em in South Pasadena collect an extra 10% on each purchase when Amazon wouldn't: unacceptable.


California legislators and Amazon officials agreed to a deal in Sacramento earlier this month over the issue of sales-tax collection from online retailers. The lawmakers said they would delay the enactment of a new law, which would require Internet stores with retail-related offices California to collect sales tax, until September 2012. In exchange, Amazon agreed to stop pursuing a ballot measure to repeal that law and to lobby Congress to pass federal Internet sales-tax legislation.

The California law would go into effect on September 2012 if Congress doesn't enact federal legislation by then. If Congress does pass a law, then the California legislation would go into effect in January 2013.
"In either case, we are going to start collecting," Mr. Bezos said in an interview.

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