"Patrick wants Net sales tax created; Mass. coffers would gain $15m per year" by Casey Ross, Globe Staff | January 6, 2009
Governor Deval Patrick is pushing lawmakers to expand the state's ability to collect sales tax on products sold over the Internet, which could add millions of dollars in revenue each year and alleviate a severe budget crisis.
Patrick's revenue commissioner, Navjeet K. Bal, has submitted a report to the Legislature asking it to approve an Internet sales tax by the end of this year. Currently, only Internet retailers that have in-state locations, such as stores and warehouses, collect and remit sales taxes on purchases by Massachusetts residents.
The proposed law would expand that to collect taxes from Internet retailers that have agreed to participate in a multistate compact, called the streamlined sales tax initiative. Because participation is voluntarily, Massachusetts officials estimate the state would collect only an additional $15 million in taxes a year.
Still, state officials said passage of the law would help spur Congress to approve a broader version of an Internet sales tax that could produce hundreds of millions of dollars in additional revenue....
Oh, so it is going to be FOR ALL of YOU!!!
Well, looks like I'll be scaling back my purchases even more!
I'll be damned if I am going to spend any money helping this economy when they just keep raising taxes!
Please see: You Can Pay Me Now AND Pay Me Later
Massachusetts Liberals Are the Biggest Liars
The US House version of the bill is sponsored by Representative William Delahunt, Democrat from Quincy, who has argued that implementing the tax agreement is more about creating a fair tax policy than raising revenue.
What a DAMN LIAR!!!
"This will protect Massachusetts businesses that are disadvantaged by the current system," Delahunt said. "Small- and medium-sized businesses need this in order to compete with large sellers from out of state" that aren't required to collect and remit sales taxes.
The BEST THING would be for NO TAX AT ALL, Bill!!!!
But opponents argue such a tax would unfairly burden Internet retailers with the cost and complication of setting up systems to collect the tax and expose them to audits if tax collectors argue they did not collect enough.
"Why in the world would you think increasing taxes on people buying stuff would help the economy?" said Grover Norquist, president of Americans for Tax Reform. "It won't do anything other than throw sand in the gears of commerce."
The reason is because politicians are lying looters that work for corporations and banks, not the public.
In Massachusetts, the tax proposal appears to enjoy broad support in the Legislature, where members are grappling with anticipated budget cuts that could reduce local aid to communities, hurting schools and cutting public safety services. A special corporate tax committee that studied the issue voted 14 to 1 in 2007 to support its implementation here.
Even the one lawmaker on the committee who voted against it, Brad Jones, a North Reading Republican, now sounds more supportive. Jones said an Internet sales tax would be a far better option for the state than an across-the-board tax increase.
WHY do we have to have TAX INCREASES at all?
Oh, and did I not mention the $1 BILLION dollar giveaway to the pharmaceutical corporations, even though "it's never been easy to turn a profit in biotech?" Flush that money away, too, taxpayer. Of course, the war looters were next in line for a handout. And should the state be appropriating money for a "multimillion-dollar reconstruction" of golf courses?
Nor is it RECKLESS to BORROW the STATE INTO OBLIVION so they can PAY INTEREST to BANKS while SITTING ON $2 BILLION DOLLARS!
Need one final insult, Mass. taxpayers?
"Town officials... are trying to decide how much of a property tax break to offer and how they can secure state funding for infrastructure improvements.... although it could take several years for the studio to realize its potential"
Also see: Hollywood, Massachusetts
Hollywood (East) Disses Veterans
More Mass. $$$ to Movie Makers
Sorry, that wasn't it:
"$5m in tax breaks going to IBM for Littleton project
The Massachusetts Economic Assistance Coordinating Council approved $5 million in state and local tax breaks for IBM Corp., which recently began a $63 million expansion in Littleton. IBM vice president Bob McDonald said the company plans to create 42 jobs at the site over the next decade. McDonald said the computer giant, based in Armonk, N.Y., has already begun renovating a building and hopes to move into it next month. McDonald said the tax incentives were important, but the company would have gone forward with the expansion without them. IBM has 4,000 employees in Massachusetts, including about 2,000 in Littleton (Boston Globe October 30 2008)."
Yup, but the INTERNET needs to be taxed!!!!!
So WHEN do they START TAXING YOU for FARTING and SHITTING?
The Coming Farting Cows Tax versus a Tax Credit for Dead Cockroaches
Not long.
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