More and more online shopping sites are dropping California merchants as a result of the state’s new requirement that out of state retailers collect sales tax from California shoppers.
Amazon.com Inc. said Wednesday that it will stop working with online affiliates based in California since the state passed a new rule that forces online retailers to collect sales tax.
The spending plan approved Wednesday by Democrats requires companies to collect the state sales tax on online purchases made by California residents.
Immunizing the California budget against revenue fluctuations means moving away from the state’s heavy reliance on income taxes, according to a prominent UC Berkeley economist.
The plan does not include cuts to vital services or any major layoffs, while also eliminating the city’s $380 million deficit.
Would you pay a higher sales tax to keep Caltrain from running off the rails? That is the question that some Bay Area residents are being asked by pollsters, even as the agency plans for record spending.
The state of California could collect more than $1 billion a year by taxing Amazon and other online retailers if a bill approved by the Assembly becomes law.
Is the sales tax headed higher in San Francisco? Perhaps.
California would collect more of the taxes people owe when they buy items online from out-of-state companies under a bill that is moving through the state Legislature over the objections of Amazon.com and other Internet retailers.
The sales tax in El Cerrito and Union City became the highest in California when statewide sales tax hikes kicked in Friday.