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from the death,-taxes,-and-'this-causes-cancer-in-the-state-of-California' dept.
New York's Governor Andrew Cuomo, who is currently unhampered by the constraints of two party rule, has announced details of the state's new budget plan.
Some highlights include:
- Drivers into busy sections of Manhattan will pay a 'congestion charge'
- Single use plastic bags banned across the state
- Closure of up to three state prisons
- Eliminating cash bail for misdemeanor and nonviolent felony arrests
- A permanent 2% cap on local property taxes
- Increase in Public Education funding by 1bn
- A new 'Mansion Tax' on homes over $25 million
- A new internet sales tax on market providers
The Internet Sales Tax will affect companies that are marketplace providers no matter where they are located that have more than 100 sales and over $300k in total sales in the past year to New Yorkers.
The tax will
require third-party retail sites – like Amazon, eBay and Etsy – to collect and remit sales taxes when a buyer in New York purchases something from a retailer on their site. The measure would make marketplace providers collect New York state sales tax at its normal rate of 4 percent plus local sales tax, which varies based on location – such as 4.5 percent for New York City, or 4 percent for some upstate counties.
Similar measures have been blocked in previous years by groups such as tax-averse Republicans, The New York Conference of Mayors and Municipal Officials (NYCOM) and the New York Association of Towns.
Constraints on internet taxation were clarified in a recent supreme court ruling which determined "that states may collect taxes on internet sales even when the purchases are made from out-of-state retailers" making new taxes like this inevitable.
While New Yorkers will pay additional tax on purchases, adding state and multitudes of different local sales taxes on purchases is going increase costs on these sites, which will be passed on to sellers and inevitably purchasers as well.
Currently 19 states do not collect internet sales taxes, and 5 (Alaska, Delaware, Montana, New Hampshire, and Oregon) do not collect sales tax at all.
State Internet Sales Tax guide here.
(Score: 2) by NotSanguine on Wednesday April 03 2019, @02:44AM
Actually, I do.
And when I said go to the library, that was the (ridiculous) case of an Internet retailer not having a computer -- But they do have those newfangled ro-bots with access to those funny innertoobs at the library.
And changes in sales tax rates are generally well-publicized, as they usually require legislation to make such changes, and are usually implemented at the beginning of a calendar or fiscal year.
What's more, your analogy of some old lady knitting balaclavas in her sitting room not being able to take care of this is disingenuous at best.
Firstly, this is about *internet* sales. As such, the retailer needs to have some sort of web presence (okay, maybe they pay the Johnson boy $10/week to run orders over from the Western Union office -- or maybe it's the Pony Express?) in order to sell stuff on the Internet.
Secondly, Just about every seller you're talking about is going to be using something like Amazon, eBay, Etsy or some other marketplace who will handle all of this for them.
Thirdly, if they have the resources to stand up, support and manage their own web presence, they're not Aunt Ginny knitting in her sitting room. What's more, they are *already* collecting sales tax for almost as many jurisdictions to which they are selling.
This is a long-solved problem and NY's changes won't make even a little difference in how people run their businesses. Sorry Buzzard. Your argument just doesn't hold up.
No, no, you're not thinking; you're just being logical. --Niels Bohr