Thursday, June 30, 2011

California now to tax the internet

Yep, Jerry Brown and the newly elected socialist of California have passed a law to tax the internet. As a result, Amazon and others are pulling out. Costing thousands more jobs. And who get the blame?

Amazon bails on new tax


Gov. Jerry Brown has signed into law California's tax on Internet sales through affiliate advertising which will immediately cut small-business website revenue 20% to 30%, experts say.

The bill, AB 28X, takes effect immediately. The state Board of Equalization says the tax will raise $200 million a year, but critics claim it will raise nothing because online retailers will end their affiliate programs rather than collect the tax.


Read the whole story, but here is the real kicker...

"I think that Amazon.com's decision to throw their affiliates, (including myself) under the bus is a national disgrace," Richards said. "Jeff Bezos should be ashamed of his conduct. His bully boy practice and tactics of extinguishing small business in California should be (condemned). Small business has no power...and no hope to confront Internet giants like Amazon.com."


So, Brown and company decided to create another tax and suddenly it is their victims who are the problem. I guess the time has come to simply sit back and watch as California implodes and cedes itself back to Mexico.

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