Thursday, September 8, 2011

Amazon trying to lock in a deal with California...

Amazon (AMZN) reaches a tentative deal with Californian legislators that would enable it to postpone collecting sales taxes for another year. In exchange, the firm would stop attempting to overturn the new state law that covers the issue. However, Governor Jerry Brown's stance is unclear.

This whole story is getting entertaining.  Obviously, Amazon knows their retail days are numbered if sales taxes are instituted on online sales.

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