Comments on William S. Galkin, Esq.'s articles RSS Syndication from SeekingAlpha.com http://seekingalpha.com/author/william-s-galkin-esq/articles http://seekingalpha.com/article/147985-pci-compliance-websites-and-hosting-service-providers-can-t-afford-to-ignore-it?source=feed#comment-585918 585918 Mon, 13 Jul 2009 12:29:04 -0400 http://seekingalpha.com/article/147985-pci-compliance-websites-and-hosting-service-providers-can-t-afford-to-ignore-it?source=feed#comment-582650 582650 Fri, 10 Jul 2009 15:32:51 -0400 http://seekingalpha.com/article/143075-online-behavioral-tracking-anonymous-and-harmless-or-insidiously-intrusive?source=feed#comment-549108 549108 Tue, 16 Jun 2009 15:14:36 -0400 http://seekingalpha.com/article/133687-google-adwords-liability-for-using-trademarks-as-keywords?source=feed#comment-493263 493263 Thu, 07 May 2009 02:00:18 -0400 http://seekingalpha.com/article/134540-the-amazon-tax-on-e-commerce-coming-soon-to-a-state-near-you?source=feed#comment-487910 487910 Sun, 03 May 2009 17:48:50 -0400 http://seekingalpha.com/article/134540-the-amazon-tax-on-e-commerce-coming-soon-to-a-state-near-you?source=feed#comment-487211 487211 Agreed 100%... Is the Ebay tax going to be on all goods or just "new"? > If it is just on new items, I believe the secondhand market will > thrive.]]> Sun, 03 May 2009 08:02:49 -0400
Technically, when Americans sell even their used goods at a garage sale, they are supposed to report the income to the IRS and pay their income taxes on these sales. No one really did. But with some individuals making six or even seven figures on ebay every year, the IRS has been paying more attention. They've been pressuring eBay to release information that would enable them to charge income tax on these sellers. Information which is readily accessible if eBay chose to cooperate (as opposed to a garage sale which the government would likely never know about). So far eBay has resisted for obvious reasons.


On May 02 01:16 PM Option Maestro wrote:

> Agreed 100%... Is the Ebay tax going to be on all goods or just "new"?
> If it is just on new items, I believe the secondhand market will
> thrive.]]> http://seekingalpha.com/article/134540-the-amazon-tax-on-e-commerce-coming-soon-to-a-state-near-you?source=feed#comment-487209 487209 Sun, 03 May 2009 07:52:15 -0400
seekingalpha.com/artic...

I'm very happy to read your update on the situation. Can you please explain why Amazon would be supporting the federal legislation that would require them to collect sales tax? It would put an extra burden on the company and at the same time, I believe it would drastically lower their sales.

When only NY State imposed sales tax collections on Amazon, they went out of their way to sue, challenging the constitutionality of the new law. I fail to understand why they would support such a law on a national level. If that is accurate, it's a bad call. They'd be better off joining forces with eBay, Overstock and other powerhouse internet sellers to fight the legislation. Together they would be a formidable opponent.]]> http://seekingalpha.com/article/134540-the-amazon-tax-on-e-commerce-coming-soon-to-a-state-near-you?source=feed#comment-486847 486847 Sat, 02 May 2009 17:56:01 -0400 Not only is the revenue sorely needed by states, but it will "level the playing field" so brick-and-mortar retailers are not so disadvantaged. Amazon can afford whatever slowdown this entails for them; the equalization will help keep local businesses alive. ]]> http://seekingalpha.com/article/134540-the-amazon-tax-on-e-commerce-coming-soon-to-a-state-near-you?source=feed#comment-486674 486674 gee, i don't remember which economic theory says that increasing > taxation in recessions increases economic activity. God save us > from politicians. > > ]]> Sat, 02 May 2009 13:16:41 -0400

On May 01 04:05 AM Steven Hansen wrote:

> gee, i don't remember which economic theory says that increasing
> taxation in recessions increases economic activity. God save us
> from politicians.
>
> ]]> http://seekingalpha.com/article/134540-the-amazon-tax-on-e-commerce-coming-soon-to-a-state-near-you?source=feed#comment-486450 486450 i must agree with this tax debate. clearly the real solution is > declare as your leader has meaningless the imposition of paper money > with white colonial slave holders' faces on it. no man can be a > true man and accept such debasement. washington, jefferson, jackson--even > frankin it is rumored employed slaves and debased the african man. > and grant of course ended your american "reconstruction" early and > delayed our inevitible rise to power that way. these objects must > be rendered impotent. if your leader is as clever as he appears > his secret weapon will be the guilt of the white man himself. with > any luck it will be combined with the secret guilt of the white women > as well thus making the result a "fait accompli." no one shall deny > the awesome power and fear of such centralized command and control.]]> Sat, 02 May 2009 04:05:07 -0400 What mindless drivel.

On May 01 06:52 PM LKofScotland wrote:

> i must agree with this tax debate. clearly the real solution is
> declare as your leader has meaningless the imposition of paper money
> with white colonial slave holders' faces on it. no man can be a
> true man and accept such debasement. washington, jefferson, jackson--even
> frankin it is rumored employed slaves and debased the african man.
> and grant of course ended your american "reconstruction" early and
> delayed our inevitible rise to power that way. these objects must
> be rendered impotent. if your leader is as clever as he appears
> his secret weapon will be the guilt of the white man himself. with
> any luck it will be combined with the secret guilt of the white women
> as well thus making the result a "fait accompli." no one shall deny
> the awesome power and fear of such centralized command and control.]]> http://seekingalpha.com/article/134540-the-amazon-tax-on-e-commerce-coming-soon-to-a-state-near-you?source=feed#comment-486449 486449 Sat, 02 May 2009 04:02:59 -0400 This is an excellent opportunity for an "Taxamai", a web presence service that would automatically compute the location specific tax based on the delivery address of a shipment. Companies like Vertex and its competitors already have point of sale computation software that attaches directly to ERM databases. It would be a simple task to webify the engine and host it at Amazon, Google, Yahoo, MS and other major server farms.

The selling website engines executing in the server farm could do an messaging call to the hosted Vertex engine as the transaction is processed. There really isn't that much to this.

It kind of irks me that this is an issue at all. People seem to have a general issue with any government at all; but if there is a level of government that directly affects your life and mine, it is the states and counties that receive sales tax revenue. There are things that simply must be done to preserve the livability of any human society, and people have hamstrung state and local governments with property tax limitations severely. They have to get revenue from some source; what's not to like about having it from the people in another state?

I know the answer to this that most of you will bellow: I don't want to pay it. Well, one thing that's pretty true of web folks: as a group we are narcissistic cheapskates. We think the world revolves around us and that we deserve something for nothing. Feh!
]]> http://seekingalpha.com/article/134540-the-amazon-tax-on-e-commerce-coming-soon-to-a-state-near-you?source=feed#comment-486239 486239 Fri, 01 May 2009 18:52:54 -0400 http://seekingalpha.com/article/134540-the-amazon-tax-on-e-commerce-coming-soon-to-a-state-near-you?source=feed#comment-486151 486151 Fri, 01 May 2009 17:02:26 -0400 http://seekingalpha.com/article/134540-the-amazon-tax-on-e-commerce-coming-soon-to-a-state-near-you?source=feed#comment-485724 485724 Fri, 01 May 2009 12:16:54 -0400 http://seekingalpha.com/article/134540-the-amazon-tax-on-e-commerce-coming-soon-to-a-state-near-you?source=feed#comment-485709 485709 Fri, 01 May 2009 12:08:40 -0400
Tea parties mean nothing. Outrage at taxation during a depression means nothing. SCOTUS means nothing (they support the government at every ruling, not the people).

The state will tax anything it wants to and you will do nothing about it.

You keep talking about tax revolts, but you Americans never do anything but reward new spending...and fall in line to stone anyone who cuts spending to you, your kids, or your particular industry.

Get the ink on your arm: Spending = Taxes.]]> http://seekingalpha.com/article/134540-the-amazon-tax-on-e-commerce-coming-soon-to-a-state-near-you?source=feed#comment-485629 485629 Fri, 01 May 2009 11:30:31 -0400 http://seekingalpha.com/article/134540-the-amazon-tax-on-e-commerce-coming-soon-to-a-state-near-you?source=feed#comment-485587 485587 Fri, 01 May 2009 11:13:05 -0400 http://seekingalpha.com/article/134540-the-amazon-tax-on-e-commerce-coming-soon-to-a-state-near-you?source=feed#comment-485447 485447 Fri, 01 May 2009 10:09:13 -0400 http://seekingalpha.com/article/134540-the-amazon-tax-on-e-commerce-coming-soon-to-a-state-near-you?source=feed#comment-485072 485072 Fri, 01 May 2009 04:05:27 -0400

]]> http://seekingalpha.com/article/134540-the-amazon-tax-on-e-commerce-coming-soon-to-a-state-near-you?source=feed#comment-485059 485059 Fri, 01 May 2009 03:46:32 -0400