Originally Posted by BBEG
Originally Posted by Biorganic
Honestly, the country needs revenue and millions of people shop online. They NEED to tax online sales. (U.S. really needs to raise taxes in general, but that hedges on prohibited talk...)
Everyone will whine and complain but it is a guaranteed eventuality.
What a gross misunderstanding of economic "needs". We do not "need" to tax online sales. I curious if you can demonstrate the need, though, specifically showing estimates of the expected tax revenue versus current and projected government expenditures.
No one has yet discussed how to legally implement a system where someone in one state purchases goods online in another state. Who do you tax? Who receives the tax? By what authority is that tax levied? What about sales where the products are stored offsite, potentially in yet another state?
Gross misunderstanding. Really?
Lets just assume that 50% of the people now do most of their shopping online. If 10% (very generous) of that 50% actually pay taxes on their online purchase, we are talking about a 45% decrease in sales tax revenue. Consider this on top of the various decreases in federal income tax over the last decade+ and you have anemically funded central/state government who is responsible for funding schools, roads, subsidizing farmers, military defense, welfare, medicare etc. etc.
Everyone replies to my post " Blah blah just spend better... spend less... More taxes are the Devil..." Wake up, if the situation was so simple we wouldn't be in such dire straits. Besides cutting military spending in half(which still won't decrease costs nearly enough), What are your proposed solutions???
Just cutting government spending is not as helpful as it sounds. Jobs end up being lost which just creates a worse economic situation. Generally speaking government spending should be increased in a recession or depression to stimulate economic growth and create jobs.
This is a very complex economic problem and just spending less or more intelligently is not going to make it all go away. Revenue must be increased. You can all complain and whatnot as much as you like. The bill will most likely pass. I don't want to pay more taxes, but that's not to say that they are not needed.Edited by Biorganic - 3/21/13 at 8:06pm