We are a commune of inquiring, skeptical, politically centrist, capitalist, anglophile, traditionalist New England Yankee humans, humanoids, and animals with many interests beyond and above politics. Each of us has had a high-school education (or GED), but all had ADD so didn't pay attention very well, especially the dogs. Each one of us does "try my best to be just like I am," and none of us enjoys working for others, including for Maggie, from whom we receive neither a nickel nor a dime. Freedom from nags, cranks, government, do-gooders, control-freaks and idiots is all that we ask for.
BD - Once again, we see a strong connection between our two 'sister states' of Connecticut and California besides the fact that they both start with 'C' and are composed of 10 to 11 letters, a claim no other state can make.
Californians Want Oil’s Tax Revenue Without the Oil
You honestly have to feel sorry for both the oil and online sales industry being at the mercy of their greedy strong-arm state governments, but when it comes to sister states, I guess you just have to accept the bad with the good.
There's a little hitch in the CT Amazon story - the state has to collect taxes - Amazon will not collect the taxes for the state. It is part of their agreement to put distribution centers in states. That's how it worked in South Carolina and in North Carolina. It's usually for a period of five years at which time Amazon has the right to re-negotiate how the sales taxes will be collected - by the state or by Amazon.
How it works it that Amazon will send a itemized statement to their customers as to what they purchased within the past year. They will calculate what you owe the state, then it is your responsibility to send that money into the state with your income taxes. Amazon does not send this information to the state - although I suppose they could, but as of right now, they don't.
As I buy $3K or so a year from Amazon, in theory I owe the state $180 - which isn't a huge amount by any stretch of the imagination, but it can make a difference in what you buy and how you buy if you are sensitive to those things.
Of course the big bitch about Amazon is the "advantage"' they have over brick and mortar stores or mom/pop stores for that matter by not having to collect taxes. There actually isn't an advantage and studies have shown that Amazon has little to no effect on local sales. Wal-Mart, Sam's Club, Costco, Target - yeah, they can kill local business', but they do collect taxes.
CT is a problem state anyway - it's one of those states that has a tax for taxes - it's called a Gross Receipt Tax (or at least it used to be called that). Basically, you add the tax (state, local, Federal) to the item (in this case gasoline, but there are other commodities that feature this tax), then the Gross Receipt Tax is applied to the product price plus taxes and the final figure is what you pay. That's a tax on a tax.
Our Founding Fathers started a revolution because of crap like that.
I live in a state where Amazon established an early presence. I pay the tax thru them(period). There is no advantage to me other than good product, delivered quickly, for little or no shipping charge. No, no advantage.....
but they could work, if your military is prepared to pay the check your state department writes. U.S. and Allied oil and steel and other sanctions against Japan in 1940 and '41 over the China war forced the Japanese to look for other sources of raw material. had the U.S. maintained a credible deterrent force in the Pacific, or had the U.S. military buildup been six months quicker, the disaster in December, '41 would probably have not happened at all.
Amazon's advantage is that I don't have to drive all over the place, then can't find the item in the store, only to find it has less seleciton, etc. More than once I've tried to buy at the brick and mortar only to become frustrated, come home and order it online, usually cheaper even before tax.
The problem I have with the state tax is that the state wants to make it as onerous to pay as possible. They want a lot of time spent filling out forms for information they don't need. If I could just click over, tell them how much I spent on products that weren't taxed, then pay the tax, I'm sure they'd get more money. But no, the want to know what, where, when, etc. Screw 'em. If I don't want the advantage of lower rates on certain items like groceries, what does it matter.
A tip for any state revenuers stopping by, make paying easy and simple, see how much you get without all your compliance paranoia BS on something you aren't getting now anyway.
If you tax capital income and hand all of the tax revenue to workers, then in the long run (or the "steady state") you'll wind up with a smaller capital stock. And since workers use the capital stock to earn their wages, the capital tax pushes down their wages.
Of course, we should see that the goal is not to redistribute from the haves to the have nots, except in the sense of taking from the have-nows and redistributing it to the connected-nows. The have nots may see a bit of churn but they certainly aren't getting the cash. Of course, that is socialism, the unable to succeed in the current system seek a new way to gain the material wealth they lust after by changing the rules in their favor. All the while claiming it is for the have-nots.
Does Bloomberg have any data to assert that 16 oz is the right size for a soda to inhibit over consumptions? What if 18 oz is the "full" size that would cause the majority to forego another purchase? Or what if 16 oz is more than required for satiety, so much more that is induces craving for more than 16 oz? Has the NY health department really done the due diligence on this matter?