Tuesday, May 07, 2002

Yahoo! News - EU plans to tax Internet sales, angering US trade authorities

OK, first off - just what we need, another tax. As if somehow taxes have solved anything.

Second, like we do not give enough tax money to the EU as it is. In kind donations, straight aid, what have you. We already give enough money to the various countries of the world that we do not need to give any more. And certainly not through the imposition of a tax.

Third, how the hell are they going to collect this. There are already so many ways around internet taxes. In my state, you are supposed to claim your internet purchases on your tax return and then pay the state sales tax on your purchases at that time. I do not know anybody (including myself) that actually does this. Why add to your taxes if you do not have to. Anonymizers are going to make this process useless.

Fourth, this just shows how much the European Union does not understand the process of business. I can guarantee you that I am buying things from non-EU countries if it means that I will not have to pay taxes on the purchase. That is just simple economics. why pay more if I do not have to for the same product. If they actually believe that this will improve their economic position, they are crazed. Their own people will stop buying on the internet in order to get out of having to pay the tax. Just stoopid. And they will blame the loss of income on the economy and raise other taxes to compensate.

When are people going to learn



0 Comments:

Post a Comment

<< Home