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Delay Sought In California Web Tax

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  • Delay Sought In California Web Tax

    If you want less of something, tax it.

    The California government is working hard to make more folks unemployed--that are demanding taxes from Internet sales. They can get some money, but be assured these firms will leave the State.

    "The new law required any business with $100,000 or more in gross revenues not already registered with the equalization board to register and pay three years of use taxes, including 11% interest on back taxes, by April 15. The law was one of several California measures that aimed to raise money without raising taxes, a tactic in which the state has considerable experience."

    With penalties, how many businesses will go bankrupt? How many will leave the State? How many will disappear?

    This is a great way to depopulate California--thank you for that, Democrats.

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