I just found some good news for everyone who lives in the five states that have no income taxes but sales taxes instead. The Federal government is going to allow states to charge sales taxes on online purchases.
I am not being sarcastic, it really is a good thing. According to The Olympian Washington State would raise over $20 billion from such a tax, which would mean the current deficit would go away. This would mean more money for schools, roads, less layoffs, state workers wouldn't need to get pay cuts as just happened in Washington State, and our economy will be better. I'll just say it, I live in Washington State, and over the past few years schools of all levels have taken a massive hit in the amount of money available. College tuition is rising rapidly from the deficit and taking a large hit, and K-12 schools are losing a lot of resources. What Washington has been forced to do the past few years is going to hurt our economic growth 5 and 10 years down the road. There is a reason we have one of hte l
By doing this, we will find that our students are better prepared, our young adults have less college debt, and there will be money available for students who don't eat breakfast, and up to date textbooks and computers in schools. (education is in many ways the family business for me, so I know a lot about it) The state government will be able to step in and create incentives for job creators with tax breaks to decrease our unemployment rate and be a model to the world. We can do this, and this bill will allow it.
One concern I heard was that it will become very complicated to follow local tax laws. However, this is not a problem for a business that uses a program that has all the tax rates loaded into it. In one of my jobs we did things on the road and we had a table for all of customers so we always charged them the correct tax rate. It really isn't a problem, and the local variations of sales tax are usually no more specific than the city level. All in all, this is a good thing for everyone.
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