Home U.S. Coin Forum

National Internet sales tax: What becomes of coin sales over the net?

ManorcourtmanManorcourtman Posts: 7,893 ✭✭✭✭
There have been numerous articles recently about the coming of a uniform internet sales tax. Numerous states see it as a cash cow that they have yet to milk. Reuters reported that Congress is going nowhere fast with attempts to come to an agreement over the issue Reuters article. What will happen to coin sales over the net, specifically eBay? I suspect thousands of non-tax compliant eBay sellers will vanish into the night over this issue as I believe all sales will be tracked and reported by eBay eventually. Do you think coin sales in general via the internet will wither? Will coin shows come back in vogue? Your thoughts on the tax and how it will effect coins..........
«13

Comments

  • StaircoinsStaircoins Posts: 2,565 ✭✭✭

    Goodbye ebay,

    Helllllooooooooo BST!!!

    image
  • 291fifth291fifth Posts: 23,898 ✭✭✭✭✭
    It will have a strong effect on internet coin sales and internet sales in general.

    Coin buyers are a cheap bunch. They won't want to pay any tax.

    If required to pay sales tax to 50 different states many eBay sellers will simply drop out. Buyers already adjust their bids downward for shipping charges. They will do the same for sales taxes.

    All glory is fleeting.
  • derrybderryb Posts: 36,118 ✭✭✭✭✭
    there are no required national (federal) sales taxes, the only requirement for sales taxes are at the state and sometimes local level. There will be no national sales tax on internet transactions until there is first a national sales tax. Any attempt to collect taxes for internet sales will be made by the states and the tax will be nothing new, it already exists just as it does for retailers. The movement by any state to collect sales taxes for on-line transactions will be to collect currently required sales taxes that are not being reported and/or paid.

    The decline from democracy to tyranny is both a natural and inevitable one.

  • lasvegasteddylasvegasteddy Posts: 10,408 ✭✭✭
    Do you think coin sales in general via the internet will wither?<<<<<<<<<<<<<<<<....no
    Will coin shows come back in vogue? <<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<.....no
    Your thoughts on the tax and how it will effect coins....<<<business as usual after a lil snibbeling here n there ...oh and the more $$$ collected will still have us going behind
    everything in life is but merely on loan to us by our appreciation....lose your appreciation and see


  • BarndogBarndog Posts: 20,454 ✭✭✭✭✭
    Tax is not going to happen. Governments suck too much from us already and are bloated beyond reason.
  • LindeDadLindeDad Posts: 18,766 ✭✭✭✭✭
    When all the states can agree on a uniform tax rate on coin sales I see it happening. Chance of that happening nil to none IMO.

    image
  • MercuryMercury Posts: 1,051 ✭✭✭✭


    << <i>Tax is not going to happen. Governments suck too much from us already and are bloated beyond reason. >>



    I hope you are right. I fear you are not.

    Mercury
    Collecting Peace Dollars and Modern Crap.
  • TURBOTURBO Posts: 494 ✭✭✭
    Thanks obama and all of you that vote obama!!!!!!!!!!!!!!!!!!!!!!image
  • MoldnutMoldnut Posts: 3,082 ✭✭✭✭


    << <i>Thanks obama and all of you that vote obama!!!!!!!!!!!!!!!!!!!!!!image >>



    Your welcome and Ill do it againimage
    Derek

    EAC 6024
  • MsMorrisineMsMorrisine Posts: 32,136 ✭✭✭✭✭
    hmmmm

    I'm reviving distant memories of a news article invoving the IRS going after one of their own for tax evasion on eBay sales the IRS person claimed was not a business but the IRS said was.


    and here we come to sales tax.


    who is a business and who isn't? Some clearly established places are.

    ""Personal Accounts?"" Well, I can see eBay needing to have some guidelines on sales tax compliance.


    In short, ""personal"" selling on eBay is going to get even more tricky (note PayPal reporting requirements).




    Otherwise, I'm against an Internet Sales Tax. Although, I'd like to hear what people say to this: B&Ms often pay sales tax. Big online sellers don't on internet sales. Doesn't a sales tax put a burden on B&Ms that online sellers do not have? Why burden one but not the other? Would anyone propose unburdening B&Ms ??

    Current maintainer of Stone's Master List of Favorite Websites // My BST transactions
  • jdimmickjdimmick Posts: 9,583 ✭✭✭✭✭
    It will be a big pain in the as$, unless the national sales tax rate is uniform. For this state, I have to break down each county individually every month for sales to that county in NC. Luckily , i dont have that much in state ebay sales. The in store sales are simple becuase it s all one county, where the item is delivered at.
  • ctf_error_coinsctf_error_coins Posts: 15,433 ✭✭✭✭✭
    Little effect as the internet is the place to buy most collector coins.
  • coindeucecoindeuce Posts: 13,471 ✭✭✭✭✭
    "Otherwise, I'm against an Internet Sales Tax. Although, I'd like to hear what people say to this: B&Ms often pay sales tax. Big online sellers don't on internet sales. Doesn't a sales tax put a burden on B&Ms that online sellers do not have? Why burden one but not the other? Would anyone propose unburdening B&Ms ??"

    I think you're confusing state sales taxes imposed on intra-state sales, with the prospect of nationwide mandated interstate sales taxes. A B&M seller isn't mandated to collect sales tax presently from an out of state purchaser unless the purchase is physically consummated within the state where the B&M is established, or to neighboring states which have a reciprocal agreement already on the books. Big online sellers certainly had better comply with their state tax laws for intrastate sales if they want to survive. The whole concept of a nationally mandated sales tax is on the same level of thinking as what Congress had in mind for the 1099 FUBAR. Ask a Canadian sometime about what benefit they see from the nationwide GST that they pay on top of PST(Provincial, a.k.a state tax). You won't like the response from anyone.

    "Everything is on its way to somewhere. Everything." - George Malley, Phenomenon
    http://www.americanlegacycoins.com

  • mrpotatoheaddmrpotatoheadd Posts: 7,576 ✭✭
    Even if a tax is imposed and collected with 100% efficiency, it won't be enough to satisfy the states. When it comes to spending other peoples' money for stuff that you want, you can never have enough.
  • BAJJERFANBAJJERFAN Posts: 30,977 ✭✭✭✭✭


    << <i>It will be a big pain in the as$, unless the national sales tax rate is uniform. For this state, I have to break down each county individually every month for sales to that county in NC. Luckily , i dont have that much in state ebay sales. The in store sales are simple becuase it s all one county, where the item is delivered at. >>



    The national rate could be uniform as far as "internet" sales tax goes. Otherwise each seller could have a state code and eBay would just auto-add the tax. Frankly it would be simpler to let eBay collect it for the states.
  • TwoSides2aCoinTwoSides2aCoin Posts: 43,796 ✭✭✭✭✭
    QE is doing a fine job as it is. Internet sales tax ? image
  • MsMorrisineMsMorrisine Posts: 32,136 ✭✭✭✭✭


    << <i>"Otherwise, I'm against an Internet Sales Tax. Although, I'd like to hear what people say to this: B&Ms often pay sales tax. Big online sellers don't on internet sales. Doesn't a sales tax put a burden on B&Ms that online sellers do not have? Why burden one but not the other? Would anyone propose unburdening B&Ms ??"

    I think you're confusing state sales taxes imposed on intra-state sales, with the prospect of nationwide mandated interstate sales taxes. A B&M seller isn't mandated to collect sales tax presently from an out of state purchaser unless the purchase is physically consummated within the state where the B&M is established, or to neighboring states which have a reciprocal agreement already on the books. Big online sellers certainly had better comply with their state tax laws for intrastate sales if they want to survive. The whole concept of a nationally mandated sales tax is on the same level of thinking as what Congress had in mind for the 1099 FUBAR. Ask a Canadian sometime about what benefit they see from the nationwide GST that they pay on top of PST(Provincial, a.k.a state tax). You won't like the response from anyone. >>




    true

    one is national and one is state.

    but I still point out that there is an advantage to those that have to pay one but not the other.

    But it's a tough position to take due to the state/federal diference.



    How about a new question:

    Why is no one proposing an HSN/QVC/tv shopping Federal Sales Tax? Mail Order Federal Sales Tax? Maybe anything interstate sold in any form should be taxed?

    I guess instertate business transactions are exempt? But don't businesses want to be considered """"citizens"""" now ??



    (Seems like a new tax and a money grab to me. May as well go into taxing the number of doors and windows in a house, and there is always the tax collection tax to offset the costs incurred by the IRS, after that we could have the special salary tax to ensure the members of congress gets their salary even if the country goes bankrupt.... I've got more taxation ideas if anyone wants to hear them)
    Current maintainer of Stone's Master List of Favorite Websites // My BST transactions
  • amwldcoinamwldcoin Posts: 11,269 ✭✭✭✭✭
    This is really going to throw a major wrench at ebay if an internet state sales tax is mandated for ebay sales. Do any of you really think ebay will be able to implement a sales tax collecting program for coin sales? There are so many differences from state to regarding coin slaes. Some states coins are tax free,some have tax free status if the sale is a certain amount,etc. My guess is ebay will just have a blanket sales tax collection method for each state,and those states which do not collect tax on coin sales will be taxed like everything else.

    Now...to our wonderful goberment....just how many more mountains of paperwork do you wish to create out of your greed to tax everything unhumanly possible! This will be another logistical nightmare...just like the reporting crap you try to force down everyone's throat with the Obummer welfare health plan.
  • The states and the IRS could raise a lot of money just by auditing collectibles dealers, but the IRS and states are going in the opposite direction laying off workers, unfortunately. I say that because the laws should be enforced in a uniform way, even in a pro-active helpful way not a scattershot and heavy-handed manner. I have never paid sales tax on a coin or currency purchase in New England, but I do have a sales and use tax permit as is required of all dealers to register with PCGS and some other entities.

    On those who choose to protest the tax laws, I would just say not a road most want to go down given the hazards of doing so.

    http://the-moneychanger.com/answers/the_most_dangerous_man_in_the_mid_south
  • JohnMabenJohnMaben Posts: 957 ✭✭✭
    Of course it will never happen but I'd love to see all state and all income taxes go away, replaced with a single national sales tax on all items except legitimate investments. There could also be a flat rate capital gains tax. Certainly, precious metals would be a legitimate investment. Of course this would put tens of thousands of government workers out of work unless moved to another department. The accounting business would be forced to morph into something else. I'm not sure how to address the problem of those who are poverty stricken but that would need to be taken into account in a way that it could not be abused.

    John Maben
    Pegasus Coin and Jewelry (Brick and Mortar)
    ANA LM, PNG, APMD, FUN, Etc
    800-381-2646

  • BarndogBarndog Posts: 20,454 ✭✭✭✭✭
    seems to me that the government and media talking heads have brainwashed nearly all of you. I am reading arguments on how to best implement a national tax, not reading arguments on why it is stupid to implement yet another tax. How about the government work on shrinking its "need" to suck up your money? How about governments at all levels getting smaller, spending less? How about arguments on why all of us deserve to keep more of our own money rather than piss is away on some government pork? image
  • mrearlygoldmrearlygold Posts: 17,858 ✭✭✭
    I don't care what they do. We'll weather whatever attack on business they can come up with.
  • derrybderryb Posts: 36,118 ✭✭✭✭✭


    << <i>Tax is not going to happen. Governments suck too much from us already and are bloated beyond reason. >>


    Not a "new" tax. There is already a required state sales tax on all internet sales, except for specifically exempted items such as coin sales in Florida. On-line sellers are required by current state tax laws to collect and pay the tax on behalf of in-state buyers, just as retail stores do it. The problem for states is that out-of-state on-line buyers are required to report and pay the sales tax to their home state, but they don't. For collection of out of state internet sales tax, the burden is currently put on the buyer. Since they are missing out on an already mandated very large source of revenue, states will figure out a way to require sellers to collect and pay the state taxes on out-of-state on-line sales. It will have to be a national effort on behalf of the individual states.

    For there to be a "federal internet sales tax" I believe there would first have to be a mandated federal sales tax, which does not exist.

    The decline from democracy to tyranny is both a natural and inevitable one.

  • johnny9434johnny9434 Posts: 27,412 ✭✭✭✭✭
    if and when that happens the state governments wont be to far behind wanting more of it. lets see what happens
  • jmbjmb Posts: 593 ✭✭✭


    << <i>seems to me that the government and media talking heads have brainwashed nearly all of you. I am reading arguments on how to best implement a national tax, not reading arguments on why it is stupid to implement yet another tax. How about the government work on shrinking its "need" to suck up your money? How about governments at all levels getting smaller, spending less? How about arguments on why all of us deserve to keep more of our own money rather than piss is away on some government pork? image >>



    image
  • TwoSides2aCoinTwoSides2aCoin Posts: 43,796 ✭✭✭✭✭


    << <i>I care what they do. We'll weather whatever attack on business they can come up with. >>



    Fixed it for me so I can agree.
  • mozinmozin Posts: 8,755 ✭✭✭


    << <i>seems to me that the government and media talking heads have brainwashed nearly all of you. I am reading arguments on how to best implement a national tax, not reading arguments on why it is stupid to implement yet another tax. How about the government work on shrinking its "need" to suck up your money? How about governments at all levels getting smaller, spending less? How about arguments on why all of us deserve to keep more of our own money rather than piss is away on some government pork? image >>



    image


    We here in Oregon are doing just fine without a sales tax. The folks on the Washington side of the Columbia River have it best both ways. Washington people can drive across the river and buy in Oregon without sales tax. Then they can go back home to Washington State and be happy about the fact that their state has no income tax.

    I believe that any extra taxes will simply kill business.
    I collect Capped Bust series by variety in PCGS AU/MS grades.
  • JJacksJJacks Posts: 759


    << <i>seems to me that the government and media talking heads have brainwashed nearly all of you. I am reading arguments on how to best implement a national tax, not reading arguments on why it is stupid to implement yet another tax. How about the government work on shrinking its "need" to suck up your money? How about governments at all levels getting smaller, spending less? How about arguments on why all of us deserve to keep more of our own money rather than piss is away on some government pork? image >>



    image

    For anyone who doesn't think sales tax hurts, I always hesitate to buy coins here in Kalifornia, since there are taxes on coins under $1500 total. The extra nearly 10% is just enough to turn a decent deal into paying too much, or turn a bargain into a so-so deal.

    JJacks

    Always buying music cards of artists I like! PSA or raw! Esp want PSA 10s 1991 Musicards Marx, Elton, Bryan Adams, etc. And 92/93 Country Gold AJ, Clint Black, Tim McGraw PSA 10s
  • ctf_error_coinsctf_error_coins Posts: 15,433 ✭✭✭✭✭
    Taxes are bad, taxes are bad, taxes are bad .... is all you hear from the one side.

    If taxes are so bad, THEN vote for people who want us to pay zero taxes. All taxes are bad right?

    That way, will will have no military, no civilian (military contractors), no police, no fireman, no new roads, let all the existing roads and bridges decay (oh they already are), no national park system, no jails, no border patrol, no etc, etc, etc ....

  • TwoSides2aCoinTwoSides2aCoin Posts: 43,796 ✭✭✭✭✭


    << <i>Taxes are bad, taxes are bad, taxes are bad .... is all you hear from the one side.

    If taxes are so bad, THEN vote for people who want us to pay zero taxes. All taxes are bad right?

    That way, will will have no military, no civilian (military contractors), no police, no fireman, no new roads, let all the existing roads and bridges decay (oh they already are), no national park system, no jails, no border patrol, no etc, etc, etc .... >>



    I think the people are more resourceful with their money than the government is with it. Ever try to get food vouchers ? A guy could starve to death by the time it's declined.
  • TwoSides2aCoinTwoSides2aCoin Posts: 43,796 ✭✭✭✭✭
    Vote for me and I will work for free.
  • Cougar1978Cougar1978 Posts: 7,547 ✭✭✭✭✭
    It will kill the online coin business and is a sleazy attack on financial privacy and personal freedom. I think if one has their own website there may be a way to deal with it. There is no way I am going to do sales tax returns for multiple states. For many it will mean good bye ebay where it is already expensive to operate anyway (it costs me very easily 15% of sales once you factor in paypal and free shipping). For me it will mean more participation on the coin show circuit where cash rules.


    So Cali Area - Coins & Currency
  • BAJJERFANBAJJERFAN Posts: 30,977 ✭✭✭✭✭


    << <i>

    << <i>Tax is not going to happen. Governments suck too much from us already and are bloated beyond reason. >>


    Not a "new" tax. There is already a required state sales tax on all internet sales, except for specifically exempted items such as coin sales in Florida. On-line sellers are required by current state tax laws to collect and pay the tax on behalf of in-state buyers, just as retail stores do it. The problem for states is that out-of-state on-line buyers are required to report and pay the sales tax to their home state, but they don't. For collection of out of state internet sales tax, the burden is currently put on the buyer. Since they are missing out on an already mandated very large source of revenue, states will figure out a way to require sellers to collect and pay the state taxes on out-of-state on-line sales. It will have to be a national effort on behalf of the individual states.

    For there to be a "federal internet sales tax" I believe there would first have to be a mandated federal sales tax, which does not exist. >>



    IIRC, Iowa has a had a mail order tax since the mid 1930s. At this point it is incumbent upon the buyer to remit the tax to the state. IMO internet buying is just another form of mail order. Most places still accept mail order or you can phone it in or order online. Before they lifted the tax on coins here, it was expected that if I bought a coin "mail order" from out of state that I would send Iowa a check for the sales tax. The states shud get together and decide on one rate, although these days with the ability to readily program computers it isn't that big of a deal. It would be unfair to single out eBay users as the only ones required to pay sales taxes. I can see where it would be easier if eBay/PP collected the tax instead of having hundreds of thousands of little sellers do it. There would be some issues for those who pay by other than PP. Having to suffer a lower sales price because buyers would be figuring it into their bids would already be punitive enough.
  • astroratastrorat Posts: 9,221 ✭✭✭✭✭
    Here is the progression ...

    Step 1: Whining, complaining, virtual temper tantrums
    Step 2: Empty threats to "leave" the Internet and not buy coins on eBay
    Step 3: Moment of clarity and realization that the Internet is here, with or without sales tax
    Step 4: Whining, complaining, and more temper tantrums over higher prices paid due to sales tax
    Step 5: Indignation over actually having to pay the sales tax
    Step 6: Receipt of a wonderful coin found on the Internet
    Step 7: Finding something new to whine about
    Numismatist Ordinaire
    See http://www.doubledimes.com for a free online reference for US twenty-cent pieces
  • callawayc7callawayc7 Posts: 303 ✭✭✭


    << <i>Taxes are bad, taxes are bad, taxes are bad .... is all you hear from the one side.

    If taxes are so bad, THEN vote for people who want us to pay zero taxes. All taxes are bad right?

    That way, will will have no military, no civilian (military contractors), no police, no fireman, no new roads, let all the existing roads and bridges decay (oh they already are), no national park system, no jails, no border patrol, no etc, etc, etc .... >>



    Give me a break! I don't know ANYBODY who is for zero taxes! So, your arguement is just plain stupid. What everybody is against is too much tax and wasteful spending of these taxes. If the government didn't waste so much money, I would think most people would not have as much of a problem with taxes. But alas, we all know how much is wasted every single year. How does a state like California (who collects 350 BILLION dollars a year in taxes) go bankrupt???? Certainly, not because taxes are too low in California. LOL!!!!
  • callawayc7callawayc7 Posts: 303 ✭✭✭


    << <i>seems to me that the government and media talking heads have brainwashed nearly all of you. I am reading arguments on how to best implement a national tax, not reading arguments on why it is stupid to implement yet another tax. How about the government work on shrinking its "need" to suck up your money? How about governments at all levels getting smaller, spending less? How about arguments on why all of us deserve to keep more of our own money rather than piss is away on some government pork? image >>



    You sir, should run for President. image
  • TwoSides2aCoinTwoSides2aCoin Posts: 43,796 ✭✭✭✭✭
    Every merchant knows it's the consumer who pays. We conform and are unduly meted out the responsibility of the taxing authority, but it's the people who are ultimately most burdened.
  • pennyanniepennyannie Posts: 3,929 ✭✭✭
    Unless ebay collects the tax from each sale i do not see it happening there. I have sales tax permit numbers and so far it is not to bad, but i have always felt that quite a few businesses use so called sales tax as a extra source of income. There are lots of way to hide sales tax money.

    I can forsee a lot of ebay sellers getting hit with an estimated tax bill for doing something wrong.

    I will not pay sales tax at a show unless the dealer has his permit with him or has sales invoice. Short of that i pass.
    Mark
    NGC registry V-Nickel proof #6!!!!
    working on proof shield nickels # 8 with a bullet!!!!

    RIP "BEAR"
  • JJacksJJacks Posts: 759


    << <i>

    << <i>Taxes are bad, taxes are bad, taxes are bad .... is all you hear from the one side.

    If taxes are so bad, THEN vote for people who want us to pay zero taxes. All taxes are bad right?

    That way, will will have no military, no civilian (military contractors), no police, no fireman, no new roads, let all the existing roads and bridges decay (oh they already are), no national park system, no jails, no border patrol, no etc, etc, etc .... >>



    Give me a break! I don't know ANYBODY who is for zero taxes! So, your arguement is just plain stupid. What everybody is against is too much tax and wasteful spending of these taxes. If the government didn't waste so much money, I would think most people would not have as much of a problem with taxes. But alas, we all know how much is wasted every single year. How does a state like California (who collects 350 BILLION dollars a year in taxes) go bankrupt???? Certainly, not because taxes are too low in California. LOL!!!! >>



    image

    Some people can't seem to get it through their heads that we already spend like 99 zillion zillion dollars on public education that almost everyone agrees is a disaster and spending another 10 zillion zillion on it isn't going to do a bit of good. Saving money by actually requiring standards and actually holding people up to them could actually make our country run better for less cost - not more.

    JJacks
    Always buying music cards of artists I like! PSA or raw! Esp want PSA 10s 1991 Musicards Marx, Elton, Bryan Adams, etc. And 92/93 Country Gold AJ, Clint Black, Tim McGraw PSA 10s
  • JJacksJJacks Posts: 759


    << <i>
    image

    Some people can't seem to get it through their heads that we already spend like 99 zillion zillion dollars on public education that almost everyone agrees is a disaster and spending another 10 zillion zillion on it isn't going to do a bit of good. Saving money by actually requiring standards and actually holding people up to them could actually make our country run better for less cost - not more.

    JJacks >>



    Oh, one more thing - if I decide not to buy a coin because of a sales tax, that didn't raise any revenue anyway, did it? And it might push down a dealer's earnings (not just with me, but if the public slows down buying), which will reduce their income tax anyway. Yep, great idea.
    Always buying music cards of artists I like! PSA or raw! Esp want PSA 10s 1991 Musicards Marx, Elton, Bryan Adams, etc. And 92/93 Country Gold AJ, Clint Black, Tim McGraw PSA 10s
  • BAJJERFANBAJJERFAN Posts: 30,977 ✭✭✭✭✭


    << <i>

    << <i>
    image

    Some people can't seem to get it through their heads that we already spend like 99 zillion zillion dollars on public education that almost everyone agrees is a disaster and spending another 10 zillion zillion on it isn't going to do a bit of good. Saving money by actually requiring standards and actually holding people up to them could actually make our country run better for less cost - not more.

    JJacks >>



    Oh, one more thing - if I decide not to buy a coin because of a sales tax, that didn't raise any revenue anyway, did it? And it might push down a dealer's earnings (not just with me, but if the public slows down buying), which will reduce their income tax anyway. Yep, great idea. >>



    The taxes collected from those who will buy and pay the tax, will more than offset the revenue lost from those who don't buy because of the taxes.
  • coindeucecoindeuce Posts: 13,471 ✭✭✭✭✭
    Maybe, just maybe if this country wasn't slowly being eroded by the mindset of those who so adamantly believe in the endless entitlement programs invented or implemented by government, there wouldn't be such a dire need for more or new taxes. Will this nation ever find the courage to remember and emulate the self reliance that our forefathers founded it upon?

    "Everything is on its way to somewhere. Everything." - George Malley, Phenomenon
    http://www.americanlegacycoins.com

  • mrpotatoheaddmrpotatoheadd Posts: 7,576 ✭✭


    << <i>Will this nation ever find the courage to remember and emulate the self reliance that our forefathers founded it upon? >>

    As long as politicians can depend on votes from people in exchange for a promise to give them free stuff paid for by other people, then- no.
  • JJacksJJacks Posts: 759


    << <i>

    The taxes collected from those who will buy and pay the tax, will more than offset the revenue lost from those who don't buy because of the taxes. >>



    OK, again even assuming that's true, putting all the money into govt will do what? Push our education system down more? Create more govt red tape? Create new govt positions where they will sit around thinking about new ways to fine people? Where they sit around thinking about new taxes? Where they do more street repairs on roads that don't need it? (Not that some don't need it, but I've seen them tear up and redo streets that were perfect). Create more money for the mayors, congressmen, and other officials to steal? Give more perks like free internet and cable T.V. to the worst of the worst criminals?

    JJacks
    Always buying music cards of artists I like! PSA or raw! Esp want PSA 10s 1991 Musicards Marx, Elton, Bryan Adams, etc. And 92/93 Country Gold AJ, Clint Black, Tim McGraw PSA 10s
  • derrybderryb Posts: 36,118 ✭✭✭✭✭
    So a thread about collecting taxes on coin sales is now about spending taxes, and not even spending them on coins?

    The decline from democracy to tyranny is both a natural and inevitable one.

  • BAJJERFANBAJJERFAN Posts: 30,977 ✭✭✭✭✭


    << <i>

    << <i>

    The taxes collected from those who will buy and pay the tax, will more than offset the revenue lost from those who don't buy because of the taxes. >>



    OK, again even assuming that's true, putting all the money into govt will do what? Push our education system down more? Create more govt red tape? Create new govt positions where they will sit around thinking about new ways to fine people? Where they sit around thinking about new taxes? Where they do more street repairs on roads that don't need it? (Not that some don't need it, but I've seen them tear up and redo streets that were perfect). Create more money for the mayors, congressmen, and other officials to steal? Give more perks like free internet and cable T.V. to the worst of the worst criminals?

    JJacks >>



    They have the power to levy taxes. They don't seem to be required to have to justify the new or higher taxes.
  • TwoSides2aCoinTwoSides2aCoin Posts: 43,796 ✭✭✭✭✭
    Like the Boston Tea Party. People would start dumping Wheat Cents into the bay.
  • BAJJERFANBAJJERFAN Posts: 30,977 ✭✭✭✭✭


    << <i>Like the Boston Tea Party. People would start dumping Wheat Cents into the bay. >>



    Just not the e bay!!
  • FrankcoinsFrankcoins Posts: 4,569 ✭✭✭


    << <i>Thanks obama and all of you that vote obama!!!!!!!!!!!!!!!!!!!!!!image >>



    It's the Republican-led National Governor's Association and big B&M stores that are pushing for this. And it's not a new tax, but enforcement of the tax laws on the books for decades.

    "This discussion isn't about raising taxes or adding new taxes," Governor Haslam (R-TN) said. "This is about states having the flexibility and authority to collect taxes that are already owed by their own in-state residents."

    Frank Provasek - PCGS Authorized Dealer, Life Member ANA, Member TNA. www.frankcoins.com


  • << <i>

    << <i>Thanks obama and all of you that vote obama!!!!!!!!!!!!!!!!!!!!!!image >>



    It's the Republican-led National Governor's Association and big B&M stores that are pushing for this. And it's not a new tax, but enforcement of the tax laws on the books for decades.

    "This discussion isn't about raising taxes or adding new taxes," Governor Haslam (R-TN) said. "This is about states having the flexibility and authority to collect taxes that are already owed by their own in-state residents." >>



    Political BIAS at it's best.

    Like Dickens said, "the biggest threat to mankind is IGNORANCE and want"

Leave a Comment

BoldItalicStrikethroughOrdered listUnordered list
Emoji
Image
Align leftAlign centerAlign rightToggle HTML viewToggle full pageToggle lights
Drop image/file