Comments on: Do You Shop Online? Say No to the State Simplification Tax Project! http://moneysmartlife.com/do-you-shop-online-say-no-to-the-state-simplification-tax-project/ Money Tips for a Better Life Thu, 17 May 2012 16:08:14 +0000 hourly 1 http://wordpress.org/?v=3.3.2 By: Money Smart Life » How to Avoid Paying Sales Tax http://moneysmartlife.com/do-you-shop-online-say-no-to-the-state-simplification-tax-project/comment-page-1/#comment-1113 Money Smart Life » How to Avoid Paying Sales Tax Thu, 22 Feb 2007 21:22:14 +0000 http://www.moneysmartlife.com/2007/02/02/do-you-shop-online-say-no-to-the-state-simplification-tax-project/#comment-1113 [...] Avoid Paying Sales Tax Online I explained in an earlier post about the Streamlined Sales Tax Project why we don’t currently pay sales tax on many things we buy online. [...] [...] Avoid Paying Sales Tax Online I explained in an earlier post about the Streamlined Sales Tax Project why we don’t currently pay sales tax on many things we buy online. [...]

]]> By: Money Smart Life » Taxes On My Mind http://moneysmartlife.com/do-you-shop-online-say-no-to-the-state-simplification-tax-project/comment-page-1/#comment-923 Money Smart Life » Taxes On My Mind Mon, 12 Feb 2007 00:31:06 +0000 http://www.moneysmartlife.com/2007/02/02/do-you-shop-online-say-no-to-the-state-simplification-tax-project/#comment-923 [...] My contribution covered the Streamlined Sales Tax Project and how it will likely affect those of us that shop online. Sales tax is the largest revenue earner for most state governments. They’re missing out on enormous amounts of revenue as the popularity of online shopping increases and they’re working on tapping into it. I say BOOOO! [...] [...] My contribution covered the Streamlined Sales Tax Project and how it will likely affect those of us that shop online. Sales tax is the largest revenue earner for most state governments. They’re missing out on enormous amounts of revenue as the popularity of online shopping increases and they’re working on tapping into it. I say BOOOO! [...]

]]> By: Tax Season » Tax Carnival #11: The Super Tax Party http://moneysmartlife.com/do-you-shop-online-say-no-to-the-state-simplification-tax-project/comment-page-1/#comment-825 Tax Season » Tax Carnival #11: The Super Tax Party Tue, 06 Feb 2007 15:47:26 +0000 http://www.moneysmartlife.com/2007/02/02/do-you-shop-online-say-no-to-the-state-simplification-tax-project/#comment-825 [...] Ben at Money Smart Life tells us why the state sales tax simplification project is a terrible idea. [...] [...] Ben at Money Smart Life tells us why the state sales tax simplification project is a terrible idea. [...]

]]> By: Blaine Moore (First Time Home Owner) http://moneysmartlife.com/do-you-shop-online-say-no-to-the-state-simplification-tax-project/comment-page-1/#comment-810 Blaine Moore (First Time Home Owner) Mon, 05 Feb 2007 16:30:43 +0000 http://www.moneysmartlife.com/2007/02/02/do-you-shop-online-say-no-to-the-state-simplification-tax-project/#comment-810 You mean, you don't pay your state's use tax? I'm not sure if every state is this way (I think so), but you are supposed to pay tax on purchases made out of state in which you did not pay a local sales tax when you bring the item back to your state of residence. Personally, I think that the entire tax system needs an overhaul. I would like to see a study done on a consumption tax rather than our current system, where you pay higher sales taxes but have no income, property or other taxes. If you want to pay less in taxes, then you do not purchase as many things. I would tend to think that online ventures would collect taxes relative to their local jurisdiction rather than relative to the residence of the consumer. Whether that would work or not, I don't know, but I'd like to see some numbers. You mean, you don’t pay your state’s use tax?

I’m not sure if every state is this way (I think so), but you are supposed to pay tax on purchases made out of state in which you did not pay a local sales tax when you bring the item back to your state of residence.

Personally, I think that the entire tax system needs an overhaul. I would like to see a study done on a consumption tax rather than our current system, where you pay higher sales taxes but have no income, property or other taxes. If you want to pay less in taxes, then you do not purchase as many things. I would tend to think that online ventures would collect taxes relative to their local jurisdiction rather than relative to the residence of the consumer. Whether that would work or not, I don’t know, but I’d like to see some numbers.

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