coinman0456

good question. I don't have a definitive answer as yet.

TheNoost

Any internet business with an office, processing ctr., etc. in a state will now have to charge taxes on purchases delivered to those states.

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HandsomeToad

It's just another reason NOT to live in NY.

Ribbit

TheNoost

You should move to MI. All the jobs are leaving here .

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coinman0456

but heritage doesen't have an office in NYS.

TheNoost

Maybe they have a distribution ctr. or hold a business license there. You could also start your own business for like $50. Get the coins and list on CL for way too much. If you sell, you made a good profit, if not enjoy and call it inventory. There are other advantages to home based business as well. I am not a tax atty. and take no responsibility for the actions made based on any of my posts.

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Boss

Jumping on this late, but I think we will see higher taxes throughout the country both federal and state. You can't spend trillions you don't have (44% of our budget outlay will come from borrowing), in a bad economy, unless you notedly increase your revenue to service the debt. Our shrinking paychecks is that revenue. I personally stopped contributing to my 401 K (at least for now) in anticipation of higher taxes- can't afford to owe money my good friend, Big Government right now.

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“Oppressors can tyrannize only when they achieve a standing army, an enslaved press, and a disarmed populace.”
—James Madison

spock1k

if they stop selling in the us the prices will come down

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There is only one king

Eduard

Ruben, i don't know if this will make you feel any better, but try this for Taxes:

"Wonderful" Germany:

- My net pay is 54% of my gross
- My wife's net pay is 48 % of her gross
- Out of what is left, we still need to pay 19 % V.A.T (value added tax) on most anything we buy except food which is a 'low' 7% (but not on alcoholic beverages - there its the regular 19%).
- 20 years after german reunification we are still paying a "solidarity contribution" of an additional 5.5 % tax to help pay for east germany. This was supposed to be temporary.....
- The "right" to watch the very entertaining state TV channels cost us $ 27 a month... (this is obligatory, no escape)
- add a few other local tax charges, too many to mention.
- When i buy a coin in the U.S, i need to pay a import duty tax of...8-21 %
- add the cost of gasoline over here (3-4 x more than in the US)


All in all out of every Euro I earn gross, only about 38% is actual disposable income.

I remember years ago I had a salary increase which actually left less money in my pocket than before the increase! Why? this put me in a higher tax bracket.

I should have migrated to the U.S long ago....even New York sounds better than this.

I hope this makes you feel better now,

Eduard

coinman0456

you know, I was thinking the very same thing.

green18

Carrumba!!!!

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They also serve who only stand and wait....John Milton

merlin1066

LOL!!!!! New Jersey is just as bad! The exodus has been going on for a couple of years here already. Everyone is going to either Delaware or the Carolinas.

raider34

I was about to complain, and then I read this. 38% thats just crazy.

coinman0456

Well I hear you. The problem here in the States, there aren't enough jobs that offer a chance to get ahead of the over taxed basic needs for middle income people. New York State is literally keeping people at or below a poverty level in correlation to the amount of taxes they are required to pay by comparison to other states, We are the highest tax burdened State in the nation.

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The_Cave_Troll

Heritage holds an annual auction in New York (in January at the NYINC) and as such is a licensed auctioneer in the state. One of the requirements of being an auctioneer in New york is a NY sales tax permit. The state of NY is very aggressive in their pursuit of taxes and they do audit businesses who hold NY sales tax permits to ensure full compliance. I am not at all surprised that Heritage complies with the laws in the jurisdictions where it operates, they are simply too big to expect to be able to skirt the rules and get away with it.

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"From time to time the Tree of Liberty must be refreshed with the blood of Patriots and of Tyrants."
-Thomas Jefferson