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Detailed text transcripts for TV channel - CNN - 20110323:11:34:00

Millions in lost income due to online retailers such as amazon and overstock not charging local sales tax. now, how can they do this? well, a 1992 supreme court ruling prohibits a state from forcing the collection of sales tax unless it has a physical presence in that area. so, for example, target has a presence in your state, you pay taxes online with your online purchases. amazon, no presents in your state, no sales tax. amazon only charges sales tax in five states. not charging sales tax is a huge advantage for online shoppers because in effect, it s a discount. in los angeles, for example, we buy a pair of shoes in a store, we re going to pay almost 10% in sales tax. and you can find the same pair of shoes on an online retailer like zappos.com. so in effect you re saving about 10%. now, in new york state, you re going to pay over 8% in sales tax in the store in a brick and mortar, but you also are going ....

Sales Tax , Supreme Court Ruling , Income Due , Los Angeles , New York State , Zappos Com , Brick And Mortar ,

Detailed text transcripts for TV channel - CNN - 20100926:18:42:00

Demand for lcd panels this year wasn t as high as retailers had expected and now they re looking to get rid of huge overstock. speaking of bargains, there are reasonably priced gifts for computer and ipad users. here to tell us about that is mark joining us via skype from toronto. good to see you. good to see you as well. in fact, i m in las vegas this time around. okay. welcome from sin city. okay very good. we ve got sorry, i couldn t hear you there for a moment. you re right. we have three gift ideas for ipad owners and three for laptop owners. you might start wanting to think of some of these gift ideas that range from $50 to $100. if you are an ipad owner referring to apple s popular ....

Wasn T , Lcd Panels , Las Vegas , Gift Ideas , Laptop Owners , Sin City ,

Detailed text transcripts for TV channel - MSNBC - 20100516:15:26:00

Pole tax. they want the money to help fund local school districts. and adding to the proposed list of so-called sin taxes, some are considering a tax on marijuana grown for medicinal purposes to help states budgets. elon recently wrote about the internet tax that could pop up in your online shopping cart. good morning. good morning, alex. i m curious how this works. walk us through it and why some people are charged a state sales tax when they buy items online and others aren t. you can shop at two stores online, online retailers with bricks and mortar stores, like target, best buy, or online only and that s your amazon and your overstock, et cetera. online retailers are only required to collect sales tax from a customer if they have a presence in that state. that means that online only retailers like the amazons and the overstocks are exempted from that. so, that means that states are really losing out on a lot of ....

Amazon Tax , Pole Tax , School Districts , Sin Taxes , Alex Witt , Internet Tax , State Sales Tax , Shopping Cart , Best Buy , Sales Tax , Et Cetera ,

Detailed text transcripts for TV channel - FOXNEWS - 20101119:14:53:15

Detailed text transcripts for TV channel - FOXNEWS - 20101119:14:53:15
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