RhinoFish - 4:01 pm on Jul 1, 2011 (gmt 0)
Not that I don't blame them and agree the tax mess needs to be fixed, but a Fed tax won't make the states happy, half of CA is around 10% now, think they want a 5% Fed tax?
historically, they're collecting 10% of sales from companies in CA who ship to people in CA...
fed tax would be 5% of every order shipped into CA - shipped from CA AND from any other state.
think you need to reassess the math in play here. whether its 5% or something even close, the basis the % applies to is not on the same order of magnitude.
state coffers would benefit enormously from SST.