R
Rick C
Guest
Yeah, revenge is sweet. I hate subjects that tell you virtually nothing about the topic of the post. So I'm getting even with a few posters here who do that often.
I missed the fact that last year in South Dakota v. Wayfair, Inc. the Supreme Court ruled that a company selling $100,000 worth of goods or 200 sales must collect sales tax for the jurisdiction of the buyer even if they have no physical presence there. That sucks!
It was a 5-4 vote and overturned the precedent of Quill Corp. v. North Dakota, which is not common. The physical-presence rule of Quill was stated in the opinion to be "unsound and incorrect". This was based on such sound legal arguments such as the revenue of such untaxed sales being much higher than previously and implying that states and local governments would be insolvent without these taxes. I've always felt practical aspects of every day life should dominate when interpreting the Constitution... not!
So now the Supreme Court is raising your taxes. I expect more things will be available from outside the country (can you say China?) since this ruling now provides an even greater advantage to buying overseas which is still not taxed through the sellers. Until Trump creates a universal, all country import tax.
--
Rick C.
- Get 1,000 miles of free Supercharging
- Tesla referral code - https://ts.la/richard11209
I missed the fact that last year in South Dakota v. Wayfair, Inc. the Supreme Court ruled that a company selling $100,000 worth of goods or 200 sales must collect sales tax for the jurisdiction of the buyer even if they have no physical presence there. That sucks!
It was a 5-4 vote and overturned the precedent of Quill Corp. v. North Dakota, which is not common. The physical-presence rule of Quill was stated in the opinion to be "unsound and incorrect". This was based on such sound legal arguments such as the revenue of such untaxed sales being much higher than previously and implying that states and local governments would be insolvent without these taxes. I've always felt practical aspects of every day life should dominate when interpreting the Constitution... not!
So now the Supreme Court is raising your taxes. I expect more things will be available from outside the country (can you say China?) since this ruling now provides an even greater advantage to buying overseas which is still not taxed through the sellers. Until Trump creates a universal, all country import tax.
--
Rick C.
- Get 1,000 miles of free Supercharging
- Tesla referral code - https://ts.la/richard11209