Thursday, September 1, 2011

This is an interesting headline...

Amazon.com (AMZN) is reportedly offering to bring 7,000 jobs to California, in exchange for a delay in the implementation of a new state internet sales tax law. That's according to the Sacramento Bee.

The state of California had mandated that Amazon would have to start charging sales tax on all online transactions to customers who live there.  I think this has to be done in all states in order to even the score between online retailers and those who own the bricks and morter stores. Otherwise the unemployment rate is going to continue to grow.

No comments: