While the absolute wealthiest Americans are now paying less federal income tax than they were two decades ago, two new polls show that most people support raising taxes on those earning over $250,000 a year. [More]
tax that!
California May Go After Online Shoppers For Unpaid Taxes
While most of the country don’t pay sales tax to online retailers like Amazon, most customers are still supposed to pay those taxes to the state. No one does, of course, which is why the California State Board of Equalization is looking into the prospect of going after residents who have made more than $5,000 in online purchases in the hope of getting paid. [More]
Big Box Stores Pushing To Tax Amazon Sales Nationwide
In recent years, retailers have been successful in getting a handful of states, including Illinois and New York, to pass laws requiring Amazon.com and similar e-tailers to collect sales tax on products shipped to those states. Now, with the backing of super-sized chains, there is a full-on push to get these laws on the books in every state that collects sales tax. [More]