Calif. lawmakers seek stronger Internet sales tax2011-09-08 10:21 by DanielaTags: Amazon
Lawmakers in California have been pressed recently to get cracking on a measure that would force some Internet retailers to start collecting sales taxes right away. Supporters of the bill are urging lawmakers to pass the measure before the legislative session ends this week. Gov. Jerry Brown signed a bill as part of this year's budget to expand tax collection by Internet retailers effective July 1, but Amazon.com Inc. has spent more than $5 million toward a 2012 ballot referendum to overturn it. Speaker of the Assembly John Perez, a Los Angeles Democrat, said Amazon and other Internet retailers kill thousands of California-based jobs each year by unfairly undercutting local businesses on price because they don't charge the tax. In the last week of the session, Perez said, "California will not sacrifice real jobs for phantom promises." Read more -here-
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