Re: Marketplace Fairness Act
Posted: Tue Apr 23, 2013 12:48 pm
If the word "Fairness" is used pertaining to anything governmental - you can be certain it isn't...
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Same think applies to "Common Sense"...Abraham wrote:If the word "Fairness" is used pertaining to anything governmental - you can be certain it isn't...
Nice try, but that's completely wrong. The merchant is not paying any taxes. He's acting as an uncompensated collection agent of the government. The customer is paying the tax. The merchant is forced to collect it, account for it and send it to the state. As far as the merchant is concerned the tax is not income nor is it an expense. The administration required is overhead - an unavoidable cost of doing business.sjfcontrol wrote:By the way, the "Taxation without representation" part is on the behalf of the merchant, not the customer. The customer is not paying a tax (to a government entity), he is paying a fee the merchant requires to complete the sale. The merchant is responsible for paying the tax to a government entity. If a merchant in, say California sells an item to a customer in Texas, it's the merchant that is responsible for paying the taxes, even though he has consumed NONE of the benefits of said tax, nor is he capable of voting or lobbying for representatives to represent his issues.
I believe I pay enough taxes, of all sorts. I don't see the advantage of paying more to fill the government coffers of other states.
No fair, you can't just say that and leave. What are your issues? C'mon, you have to play alongAlaskanInTexas wrote:I make a living as a tax attorney specializing in state and local taxes. I have been following these issues for years. Reading these posts was just about as painful as reading about guns in the comment section of the Huffington Post.
AlaskanInTexas wrote:I make a living as a tax attorney specializing in state and local taxes. I have been following these issues for years. Reading these posts was just about as painful as reading about guns in the comment section of the Huffington Post.
Correct. Business collect taxes, it's part of the job description. The MFA says that states have to make tax collection simplified for the business, otherwise the business doesn't have to collect for that state. No different that what I have to do for Texas. In fact, technically speaking, the MFA would force things to be easier for me with respect to paying my quarterly taxes here (admittedly, not by much, but for people that meet the MFA tax reporting requirements, yeah, it will help a bunch. But by that time, you better already have an accountant on staff)baldeagle wrote:Nice try, but that's completely wrong. The merchant is not paying any taxes. He's acting as an uncompensated collection agent of the government. The customer is paying the tax. The merchant is forced to collect it, account for it and send it to the state. As far as the merchant is concerned the tax is not income nor is it an expense. The administration required is overhead - an unavoidable cost of doing business.sjfcontrol wrote:By the way, the "Taxation without representation" part is on the behalf of the merchant, not the customer. The customer is not paying a tax (to a government entity), he is paying a fee the merchant requires to complete the sale. The merchant is responsible for paying the tax to a government entity. If a merchant in, say California sells an item to a customer in Texas, it's the merchant that is responsible for paying the taxes, even though he has consumed NONE of the benefits of said tax, nor is he capable of voting or lobbying for representatives to represent his issues.
I believe I pay enough taxes, of all sorts. I don't see the advantage of paying more to fill the government coffers of other states.
Yep, and I'm the 17th reason for using H&R Block.AlaskanInTexas wrote:I make a living as a tax attorney specializing in state and local taxes. I have been following these issues for years. Reading these posts was just about as painful as reading about guns in the comment section of the Huffington Post.
The problem is, whatever the cost of administration is for collecting, accounting and submission of the tax, the MFA increases those costs dramatically. You now have to collect, account for and pay 50 different taxes. Even if all 50 taxes are due on the same day, that day just went from a few minutes to an hour to an all day and possibly more affair. Do all states expect quarterly payments? Are some monthly? Are some semi-annual? Do any have minimums below which you don't have to deposit until you reach a certain number?OldCannon wrote:Correct. Business collect taxes, it's part of the job description. The MFA says that states have to make tax collection simplified for the business, otherwise the business doesn't have to collect for that state. No different that what I have to do for Texas. In fact, technically speaking, the MFA would force things to be easier for me with respect to paying my quarterly taxes here (admittedly, not by much, but for people that meet the MFA tax reporting requirements, yeah, it will help a bunch. But by that time, you better already have an accountant on staff)baldeagle wrote:Nice try, but that's completely wrong. The merchant is not paying any taxes. He's acting as an uncompensated collection agent of the government. The customer is paying the tax. The merchant is forced to collect it, account for it and send it to the state. As far as the merchant is concerned the tax is not income nor is it an expense. The administration required is overhead - an unavoidable cost of doing business.sjfcontrol wrote:By the way, the "Taxation without representation" part is on the behalf of the merchant, not the customer. The customer is not paying a tax (to a government entity), he is paying a fee the merchant requires to complete the sale. The merchant is responsible for paying the tax to a government entity. If a merchant in, say California sells an item to a customer in Texas, it's the merchant that is responsible for paying the taxes, even though he has consumed NONE of the benefits of said tax, nor is he capable of voting or lobbying for representatives to represent his issues.
I believe I pay enough taxes, of all sorts. I don't see the advantage of paying more to fill the government coffers of other states.
Under what law? There is no federal charter that involves enforcing state laws, and there is no provision for it in the bill.JSThane wrote:,,,but there will also need to be a new federal law enforcement agency to collect unpaid or delinquent state sales taxes.
From the text of the bill:baldeagle wrote: The problem is, whatever the cost of administration is for collecting, accounting and submission of the tax, the MFA increases those costs dramatically. You now have to collect, account for and pay 50 different taxes. Even if all 50 taxes are due on the same day, that day just went from a few minutes to an hour to an all day and possibly more affair. Do all states expect quarterly payments? Are some monthly? Are some semi-annual? Do any have minimums below which you don't have to deposit until you reach a certain number?
You'll have to engage a tax attorney just to keep it all straight. More uncompensated expense.
Edit: Just thought of this. Not everything is subject to sales tax. So now you have to keep track of those exceptions for every state. AND states can change their laws every year or every other year, sooooo I see a HUGE benefit for tax attorneys.
Apparently you've never heard of the inheritance tax. They take your money after you're gone.Abraham wrote:Relatively speaking, I'll soon be returning from whence I came, that is, I'll be dead (hey, I'm long in the tooth) and none of these problems will be affecting me. With such a perspective, I'm golden. No worries mate. Can't bleed a dead tax payer...