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Rolando wrote: As debt-ridden as NY and Ca are, it is pure stupidity to give business welfare. I have yet to see this really pays off.
It isn't business welfare. CA is redefining the legal definitions to make Amazon pay taxes that Amazon isn't legally obligated to pay. So Amazon is leaving. They will put their operations in a state that is business friendly and that state will reap a shload of tax revenue as a result. The only loser is the state that is massaging their tax code because they are overspending.
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silvarios wrote:
[quote=Trouble]
It isn't business welfare. CA is redefining the legal definitions to make Amazon pay taxes that Amazon isn't legally obligated to pay. So Amazon is leaving. They will put their operations in a state that is business friendly and that state will reap a shload of tax revenue as a result. The only loser is the state that is massaging their tax code because they are overspending.
I thought this was about Amazon
collecting sales tax?
You're right. I had the right concept in my head and I was just phrasing it wrong. My bad.
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"Business-friendly" simply means low corporate taxes, no unions, lax environmental and worker safety regulations...and most important of all, legions of desperate workers who will take anything they can get (no matter how low the pay) and do what they're told.
American businesses want the United States to become the next China, and they may well get their wish.
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Some certainly would like to be able to compete on a level playing field.
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Amazon and all the internet retailers should be collecting the respective state sales tax for wherever they ship to.
The free ride should be over.
Never should have been allowed to build a business model on tax exemption and interstate commerce loopholes.
Internet infancy should have been selling diversity from the beginning - not cheating old school business models.
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Yoyodyne ArtWorks wrote: American businesses want the United States to become the next China, and they may well get their wish.
I think there is a difference between a "business friendly state" and China. Unions hurt business and government unions are pure evil.
