California Gov. Brown Signs Job-Killing Internet Tax into Law

California Gov. Brown Signs Job-Killing Internet Tax into Law

Stop eTaxes ^ | 2011-07-01 | Kaitlyn Ewing

Posted on Friday, July 01, 2011 2:34:59 PM by 92nina

…While written with the purpose of raising taxes, this legislation will prove to be extremely counterproductive for the state’s economy. Amazon.com, one of the online retailers which would be affected by the Internet tax, has already started to cut ties with its in-state advertising affiliates, which are small businesses dependent upon these contracts. More than 25,000 affiliates will be affected by the California law’s passage.

One such affiliate, Ken Rockwell from San Diego, has already stated his intentions to move his photography business out of the state as a result of the Internet tax. Of this, Rockwell stated “Will it be Las Vegas or Scottsdale or Ensenada? It’s a question of where, not if.” Thus, Governor Brown is driving much-needed jobs out of a state which is already suffering from an 11.7% unemployment rate.

This pattern has been witnessed in other states that have already implemented the Internet tax, such as Rhode Island and North Carolina. In these states, there has been no extra revenue generated. In fact, their respective economies have only worsened. Online retailers made the practical decision to move their business out of the state to avoid being subject to the tax, taking jobs and investment with them…

(Excerpt) Read more at stopetaxes.com …

via California Gov. Brown Signs Job-Killing Internet Tax into Law.