Wednesday, April 24, 2013

Think Amazon.com is against the proposed internet tax? Think again.

Most likely we will all be paying more for our on-line purchases in the not too distant future.  Why? Because our beloved politicians need more money, of course; hence the current push to tax internet purchases.  What's interesting, however, is that internet retail giant Amazon.com is actually for the tax increase.  And here's why:
Interestingly there has been a corporate drive for the tax, pushed in a big way by Amazon.com which has built distribution centers around the country in an effort to better position themselves to offer same day delivery. (And to take on Walmart.) Amazon increasingly must already pay taxes because of this change in its model, and now sees an online sales tax as a way to to squeeze smaller competitors who will have to deal with the over 9600 taxing authorities in the USA.
It's a classic case of a large corporation getting out ahead on a public policy that was likely inevitable and using its considerable political power to manipulate the situation to its advantage.  You can read the entire article here.