How does everyone feel about the taxes on e-commerce/internet purchases?
kyrissanean asked:
With the additional states choosing to tax internet sales, are more people going to choose to stop making internet purchases and instead choose to go to the regular brick & mortar stores? (ex. Shopping on Barnes & Noble’s or Borders’ web sites vs. going to their actual stores)
How do consumers feel about this tax on internet sales?
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Filed Under United States |
Tagged With Mortar Stores, Shopping, Tax Internet Sales
Comments
2 Responses to “How does everyone feel about the taxes on e-commerce/internet purchases?”
People will still buy off the internet. People will just not report what they spent.
I’d guess that in many cases, Internet purchases are made for convenience rather than to save sales tax. Using your Barnes and Noble’s example, I both shop online at their site, and in their stores. And since they have stores in most states, most people will pay sales tax there online anyway.
States with a sales tax generally have a law on use tax, requiring a resident of the state to pay tax on items purchased out of state - they aren’t generally enforced though.