Tuesday, August 16, 2011

Wizbang: California’s “Amazon Tax” fails – unexpectedly!

According to this piece at Big Government.com, more than 70 businesses with affiliate relationships to online retailers like Amazon.com and Overstock.com have closed their California businesses and relocated elsewhere.

Well, it affected the Space Show.  Before the law was passed, you could order books and help support the show.  But that has gone away, thanks to this law.

The real idea behind higher taxes is equality, not economic growth.  Therefore, higher revenue is not necessarily the objective.  This is the fine point that keeps getting overlooked.

It gets presented as an increase of revenue, but that is not the actual result.  The actual result is less revenues, but this is seen as a good thing by these folks because "the rich" folks actually make too much money, according to their egalitarian point of view.  And we can't have anybody being unequal, unless it is rich liberals.  For them to be rich is okay, not okay for the rest of the sloping forehead crowd.

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