Marketplace Fairness Act
Posted by BlueNova 11 years ago to Legislation
Did I fall into a chapter of Atlas Shrugged and can't get out. Sometning akin to falling down Alice and Wonderland's "rabbit hole."
Street retailers want the State to collect sales taxes from on-line vendors. Ironically, many of which also do business on-line. Currently, when purchasing a product on-line, a S&H charge is applied. When purchasing a product of the "street" store, a sales tax is applied in most states (45 of 50; or, 52 of 57 if using obama's count). Isn't this leveling already achieved by market forces?. This is all BS and they're quickly, very quickly ramming it through congress. But the unintended consequences (except for obama) is to drive on-line purchasing to firms outside the US causing a further loss in jobs.
While I'm at it, another example of an "Atlas-ism" is more serious because it led to the housing bubble collapse which led to the collapse of the economy which led to the rise of the socilaists. The Financial Services Modernization Act of 1999. This repealed the Glass-Steagall Act of 1933. This act separated the banking firms from the securities firms and their combined services led to looting the economy. The repubs passed this legislation. The dems will pass the former, if they can, with a little help from the repubs.
BTW, the G-S Act was one of the few laws that the socialist Roosevelt administration. created. It was created to prevent another depression. The repeal of the G-S Act is a great example of those who forget history are doomed to repeat it.
Congress, both dems and repubs, are looting us and it cannot be stopped. It's frustrating, so frustrating.
Street retailers want the State to collect sales taxes from on-line vendors. Ironically, many of which also do business on-line. Currently, when purchasing a product on-line, a S&H charge is applied. When purchasing a product of the "street" store, a sales tax is applied in most states (45 of 50; or, 52 of 57 if using obama's count). Isn't this leveling already achieved by market forces?. This is all BS and they're quickly, very quickly ramming it through congress. But the unintended consequences (except for obama) is to drive on-line purchasing to firms outside the US causing a further loss in jobs.
While I'm at it, another example of an "Atlas-ism" is more serious because it led to the housing bubble collapse which led to the collapse of the economy which led to the rise of the socilaists. The Financial Services Modernization Act of 1999. This repealed the Glass-Steagall Act of 1933. This act separated the banking firms from the securities firms and their combined services led to looting the economy. The repubs passed this legislation. The dems will pass the former, if they can, with a little help from the repubs.
BTW, the G-S Act was one of the few laws that the socialist Roosevelt administration. created. It was created to prevent another depression. The repeal of the G-S Act is a great example of those who forget history are doomed to repeat it.
Congress, both dems and repubs, are looting us and it cannot be stopped. It's frustrating, so frustrating.
The only thing that has limited my speed is my speedometer. Why go faster if you don't no how fast? Of course, the road has to be straight and empty. I've taken all my cars over 100 mph hand have the pics to prove it. It's scary that when I'm going that fast, it feels like I'm going 60 mph.
I have to agree with your sentiments. The public education system is becoming or largely is now a socialist propaganda machine.
I have to get this off my chest here, some district in Washington, the state, I think wants to ban the word, among others, penmanship because it contains the word "man." Now it's to be called handwriting. This political correctness BS is freaking me out. I guess they have a serious case of misandry. I never knew there is a word to describe such a sentiment until a homeless man told me. Odd?
BTW, one superintendant, I cannot remember where, wants to start teaching American history from 1875 on. I saw her speaking on a video to this effect so I know it its true.
I wish we could send private messages then I could talk to you and Eudaimonia about it. Here isn't bad, but many many miles between me and my family usually works best for me.
The Challenger sounds like a fine plan! 🚔 Just watch out for that guy, lol!
http://m.youtube.com/#/watch?v=oBlLbNVBK...
Any act with "fairness" in the title is something to run the other way from. Of course the retail centers want online venders to pay taxes. However, I'd support making it so that free standing stores could get out of taxes to simulate the tax free status online. That would help the economy so much more effectively.
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