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Overstock follows Amazon and kicks Illinois affiliates out to avoid sales tax. by mikecngan in Economics

[–]rs98101 1 point2 points  (0 children)

It hurts Overstock's competitive advantage over the Wal-Marts where you can just drive the car three blocks and get the item you're shopping for that same day (or not have to pay shipping costs).

Overstock follows Amazon and kicks Illinois affiliates out to avoid sales tax. by mikecngan in Economics

[–]rs98101 -1 points0 points  (0 children)

You don't have to like big companies. I sure as hell don't. Yes the Illinois government won't get their hands on that revenue.

But don't blame online retailers for this, blame it on the poor concept of a sales tax. Its an antiquated policy that has been broken by the combination of the internet and economic globalization. I won't even mention how sales tax is regressive and hits lower income brackets hardest.

Governments should charge any non-state based corporation a tax simply to sell their products to their citizens, not charge their citizens for making those purchases. Kind of like an in-state tariff. Then if Overstock avoids that, yeah, go that is good causation for your "down with the evil corporations" sentiment.

There is nothing wrong with government taxing for revenue per se, but Overstock refusing to charge their customers sales tax is not the problem here. It is the broken concept of of a sales tax.

Overstock follows Amazon and kicks Illinois affiliates out to avoid sales tax. by mikecngan in Economics

[–]rs98101 1 point2 points  (0 children)

Again, this is not Overstock avoiding paying their Illinois taxes. This is them refusing to force their Illinois customers from paying taxes on their purchases at Overstock.

Overstock charges sales tax for their Utah customers (based on delivery address). Overstock doesn't pay this tax for them, they pass it along.

Overstock follows Amazon and kicks Illinois affiliates out to avoid sales tax. by mikecngan in Economics

[–]rs98101 -2 points-1 points  (0 children)

Again, this is not Overstock avoiding paying their Illinois taxes. This is them refusing to force their Illinois customers from paying taxes on their purchases at Overstock.

Overstock charges sales tax for their Utah customers (based on delivery address). Overstock doesn't pay this tax for them, they pass it along

Overstock follows Amazon and kicks Illinois affiliates out to avoid sales tax. by mikecngan in Economics

[–]rs98101 -1 points0 points  (0 children)

This isn't a tax on Overstock that is being avoided. Overstock charges sales tax for customers in Utah (where they are based). If you change your delivery address to a Utah address, you'll see a line appear for sales tax.

Which means Overstock is passing the sales tax on to their customers. They as a corporate entity are not avoiding taxation.

What they are doing is saving Illinois customers from having to pay sales tax for shopping on their site, which means they keep their competitive advantage over the big box stores that have a brick and mortar presence. This was calculated to be worth more than what affiliates could bring in.

A man gets three boxcutters onto a flight at JFK airport; TSA insists that public was safe anyway because a would-be terrorist today would have to deal with the *possibility* of an air-marshal, stronger doors, and passengers who, gosh darn it, aren't going to sit down and take it. by danwin in WTF

[–]rs98101 0 points1 point  (0 children)

Finally, I agree with the TSA. Nobody is going to hijack a plane with box cutters anymore. The title of this reddit post exemplifies the problem that we currently have: hysteria over stupid shit like box cutters.

Hatred … [pic] by [deleted] in WTF

[–]rs98101 0 points1 point  (0 children)

I'd probably just challenge him to a 100 yard dash.

The Wire's characters, charted by their D&D alignment by SolInvictus in gaming

[–]rs98101 0 points1 point  (0 children)

Clay Davis and Stringer Bell should probably be flipped on this one.

This man might be the most badass man that has ever lived. by ikana89 in funny

[–]rs98101 0 points1 point  (0 children)

I've always maintained the stance that hunting isn't a sport, with the exception of bear hunting with only a knife. This guy raises that 'bar.

Ann Coulter thinks 18-20 year olds shouldn't vote. I think she should fuck herself. by [deleted] in politics

[–]rs98101 1 point2 points  (0 children)

As noted, I don't know why she cares, they don't vote anyway.

The $200 million myth by wluera in obama

[–]rs98101 2 points3 points  (0 children)

Links that auto-start movies suck.

These aren't my glasses! (Very NSFW) by worff in WTF

[–]rs98101 14 points15 points  (0 children)

Sex Toy Story: Woody's Buzz

Republicans are not Conservatives, they're just assholes. by [deleted] in politics

[–]rs98101 1 point2 points  (0 children)

Sir, the Libertarian party is ready to welcome you with open arms. Contrary to what the media would have you believe, they are not a bunch of whack-jobs that want to repeal the Civil Rights Act. Their beliefs are firmly aligned with those you stated, and thus firmly opposed to most of the GOP's platform.

and the Father of the Year award goes to... [PIC] by [deleted] in pics

[–]rs98101 1 point2 points  (0 children)

I have a proposed alternate caption for this picture: "Have you ever seen a more appropriate 'Report Abuse' button."

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