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Taxing Coin Sales: A Bureaucratic Nightmare In The Making?
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<p>[QUOTE="C Jay, post: 1725584, member: 13184"]One could argue that the point of sale was at the retail outlet and charge sale tax for the retailer's home state, however it would be short term with business fleeing to states with low or no sales tax. I live in a place where sales tax is near 10%. I think our local Dell distribution center would pack-up and leave if that were the case. If the bill does pass, it will be the seed of a national sales tax. Over time I think the Federal Government will want a cut on what's collected for "administrative cost" and ink it's way up from there.[/QUOTE]</p><p><br /></p>
[QUOTE="C Jay, post: 1725584, member: 13184"]One could argue that the point of sale was at the retail outlet and charge sale tax for the retailer's home state, however it would be short term with business fleeing to states with low or no sales tax. I live in a place where sales tax is near 10%. I think our local Dell distribution center would pack-up and leave if that were the case. If the bill does pass, it will be the seed of a national sales tax. Over time I think the Federal Government will want a cut on what's collected for "administrative cost" and ink it's way up from there.[/QUOTE]
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