Saturday, February 9, 2008

The Spitzer Money Grab.

Here is another money grab from the Albany machine.

Governor Elliott Spitzer is proposing a bill that would result in NYS sales tax being collected on items purchased via the Internet from stores that do not have a presence inside the state.

The key Internet store being singled out is Amazon.com, which is based in the state of Washington. Spitzer claims that the state is losing out in millions in tax dollars from Amazon.com alone.

Surely, the next move would be assigning a tax to every item shipped into the state of New York.

The state currently relies on the honor system, and residents are expected to log what they purchased on the Internet, or brought into the state, and pay taxes on that at the end of the year.

When does it end?

Here are some links to articles discussing the story.

Story from Syracuse.com
Another story from Syracuse.com
Story from DailyGazette.com


And of course, they deserve a raise for all their good work!

Link to NYtimes.

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