Amazon Pushes For National Internet Sales Tax
SonicSpike writes "The Governor of Tennessee struck a deal with Amazon.com to allow their operations to move to TN in exchange for Amazon.com not having to collect TN sales tax for the next 2 years. However the Governor noted in his press conference that he is working with Amazon.com to push the US federal government to impose a national Internet sales tax."
I believe the idea is that the money is turned over to the States. Within 5 years it will most likely turn into a club to beat them into compliance (like highway funds or any other funds for that matter) since monies are withheld from the State if they don't do what they're told.
Do you even lift?
These aren't the 'roids you're looking for.
Amazon doesn't care where the money goes, nor do they really care about the rate. A federal tax could quite easily be collected and kept by the states. The reason they want a federal pre-emption is simply the abundance of rules and regulations that must be obeyed for each different area's individual sales tax. For new enterprise, having to obey one set of rules for collection of sales tax nationwide would represent an amazing saving on accountants bills.