Colorado Internet Sales Tax Moves Forward

Look for Another 2.9% Added to Online Purchases




February 11, 2010
By Tyler Lopez
ABC, 7NEWS

DENVER -- State lawmakers took a chunk out of the growing e-commerce pie by passing House Bill 1193 Wednesday, adding a 2.9% sales tax to Internet purchases made by Coloradans.

"This is a big deal. It really is. And it’s the broader question of whether or not it’s appropriate to tax Internet sales. And I got to tell you, the people of Colorado are going to be really mad when they find out the Department of Revenue is sending them a bill for things that they’ve purchased online," said Sen. Greg Brophy, R-Wray.

Online retailers would be required to notify a Colorado shopper -- before they buy -- how much they owe in state sales and use taxes on the item they’re shopping for.

"Those online stores aren’t sucking up any state services, are they?," said Brophy. "They’re not. So it’s probably not appropriate to even think about taxing things like that. What we really need to be doing is talking about reforming government and reforming our tax system."

The Colorado Department of Revenue would receive an annual report from each online retailer -- or “e-tailer” -- for the total amount of purchases made by each Colorado customer.

If the tax is not paid up front, state employees would then go about notifying those affected and collecting the taxes.

One bill sponsor told 7NEWS the idea is to allow smaller, brick-and-mortar shopkeepers to compete with larger, virtual marketplaces such as Amazon.com

"If this continues, we’re going to have virtually no small merchants on main streets in this state. And that’s not the right way to do it. If they can’t compete that’s one thing but then to make them compete unfairly is another," said Sen. Rollie Heath, D-Boulder. "These local merchants are paying for our schools. They’re paying for our roads. And if you can save a lot of money on the Internet, that’s fine. Then you certainly can afford the 2.9% that you’re saving."

At the Sportsfan on Federal Boulevard in Denver, the news of a possible Internet sales tax was met with some optimism.

"Virtually all of my ordering is done through the Internet," said John Brennan, store manager. "As a traditional brick-and-mortar store it should help us. My gut feeling says it will help us."

House Bill 1193 now goes back to the House for a final vote.

A call to a spokesman for Gov. Bill Ritter about support or opposition for the bill was not returned.

Virginia lawmakers are considering a similar measure while some have advocated a national Internet sales tax as well.

http://standeyo.com/NEWS/10_Economy/100212.CO.internet.tax.coming.htmlhttp://www.thedenverchannel.com/news/22527850/detail.html

Views: 53

Comment

You need to be a member of 12160 Social Network to add comments!

Join 12160 Social Network

"Destroying the New World Order"

TOP CONTENT THIS WEEK

THANK YOU FOR SUPPORTING THE SITE!

mobile page

12160.info/m

12160 Administrators

 

Latest Activity

MAC posted videos
46 minutes ago
Doc Vega commented on Doc Vega's blog post Want Proof That America Has Been Compromised From Within by Traitors?
"Mac Thank you for your support! "
6 hours ago
Doc Vega posted a blog post

Firmly Neneath The Ground

Can't quite make out your faceIn a cloud of riot maceCan't quite comprehend why you're invading my…See More
7 hours ago
Doc Vega commented on Doc Vega's blog post Left Behind
"Cheeki kea as always your words of beauty and encouragement leave my eyes flooded. You are so kind."
8 hours ago
Sandy posted a video

The UnxPlained: Weather Control Weaponized by World's Military (Season 1) | History

Watch all new episodes of The UnXplained returning April 11 at 10/9c, and stay up to date on all of your favorite History Channel shows at https://history.co...
9 hours ago
MAC favorited Doc Vega's blog post Want Proof That America Has Been Compromised From Within by Traitors?
10 hours ago
cheeki kea commented on Doc Vega's blog post Left Behind
"Wow timeless and classic Doc V. Is this a song you've written? It feels like one, almost like…"
12 hours ago
cheeki kea favorited Doc Vega's blog post Left Behind
13 hours ago
tjdavis posted a blog post
20 hours ago
tjdavis posted a video

Freemasonry - Masonic fun with AI

After having a conversation about the Craft with Chat GPT a few weeks ago (https://youtu.be/i8KBPzlvXac), this week I thought we'd explore the world of Artif...
yesterday
Doc Vega posted blog posts
Thursday
Less Prone commented on Less Prone's photo
Thumbnail

NATO KB FINLAND

"Finland is the next Ukraine with our gungho president who gladly sends the young Finns to die for…"
Thursday
Less Prone favorited MAC's video
Thursday
cheeki kea posted a photo
Thursday
Sandy posted a video

New technology could help save the Colorado River

Cloud seeding is a form of weather modification that can increase rain and snow production by up to 15% and is being used to help the Colorado River recover ...
Wednesday
tjdavis commented on MAC's video
Wednesday
tjdavis posted a video

“The Stench is Unbearable”: Dead Bodies Piling Up, FEMA Abandons NC Residents Amid Hurricane Helene

CORRECTION: Amanda stated the fire chief of Fairview, North Carolina had sent private helicopters away that were attempting to provide relief to residents. S...
Wednesday
tjdavis posted a blog post

Music To bomb By...

".3" - Porcupine Tree…See More
Tuesday
Doc Vega posted blog posts
Tuesday
cheeki kea commented on cheeki kea's photo
Thumbnail

Fast News Incoming...

"I guess the Nord pipeline event will never be 'solved' or strange cuts in fibre optic…"
Tuesday

© 2024   Created by truth.   Powered by

Badges  |  Report an Issue  |  Terms of Service

content and site copyright 12160.info 2007-2019 - all rights reserved. unless otherwise noted