sales tax
Is Amazon the New Walmart (in the 'Evil Empire' Sense)?
11:15AM 12/19/2011
On Dec. 10, Amazon offered a special deal to shoppers who used its smartphone app in brick-and-mortar stores: Scan certain items, and the Web retailer would give them an extra 5% off. Critics cried foul. In one tactless move, has Amazon cast itself as the new mom-and-pop business killer?
They say good things come to those who wait. They also say he who hesitates is lost. But when it comes to half a dozen juicy tax breaks, it's the second "they" you should listen to, because he who waits until Jan. 1, 2012, to take advantage of them will be out of luck.
Republican Presidential Candidates: Which One Is Best for Your Wallet?
12:45PM 10/18/2011
From Herman Cain's 9-9-9 plan to Ron Paul's proposal to nix the income tax, the GOP presidential candidates have floated a range of ideas for jump-starting the U.S. economy. But will any of them jump-start your home's economics?
Michele Bachmann Proposes Tax Hikes for Everyone -- Reagan Style
11:35AM 10/14/2011
On Thursday, GOP presidential candidate Michele Bachmann may have inadvertently made one of the boldest moves of the 2012 primary campaign. Speaking on Fox News, the Minnesota congresswoman stated that she wants to adopt Ronald Reagan's tax plan, a rate structure that's much higher than current tax rates.
The True Cost of State Sales Tax Holidays
11:00AM 8/12/2011
As states grapple with huge budget deficits, some of them are eliminating sales taxes for back-to-school shoppers. But are sales tax holidays really a good value for consumers? Experts discuss the true costs of the programs and some of the alternatives.
Walgreens Buys Drugstore.com, Amazon Buys Soap.com
3:00PM 3/25/2011
Walgreen drugstore chain is buying Drugstore.com for $409 million. That's nearly 102% more than the company is valued at, but the move lets the traditional retailer gain a foothold on the Internet that it's been unable to do on its own.
"Drugstore.com significantly accelerates our multi-channel...
If you feel like the cost of everything is more expensive at the register these days, it's not your imagination. Even when the cost of goods and services has remained relatively flat, the associated sales and use taxes have continued to climb. Data released recently from Vertex, a privately-held...
It's no surprise that brick-and-mortar retailers continue to complain about the advantage that Internet vendors have: Not needing to collect sales tax in states where they aren't physically present.
However, for Amazon that advantage is even greater, as it has managed to beat the sales tax in...
Amazon Sues Texas Over Sales Tax Dispute
9:00PM 1/19/2011
Online retail giant Amazon.com has filed suit against the state of Texas, demanding it produce an audit that serves as the basis for its demand for $269 million in uncollected sales taxes. The state demanded the money in September, but has withheld the report from Amazon.
Property Taxes Keep Rising as Home Values Keep Falling
8:00AM 12/18/2010
Common sense suggests that as home prices decline, the property taxes based on their valuations ought to as well. But property taxes nationally are clicking higher. Why is this occurring? Several factors are at work -- and they bode ill for state budgets.
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