CALIFORNIA | LOCAL
February 7, 2009 |
Animal lovers are decrying "the Fido fine." Vintners are stirring up wine lovers with warnings that the price of a bottle could rise. And golf course owners are taking to the Web to drive home to duffers that new taxes on greens fees could hit them right in the golf bag. A number of California industries are conducting aggressive lobbying and public relations campaigns to dissuade the Legislature from adopting Gov.
July 19, 2013 |
Economist Arthur Laffer occupies an exalted place in Republican tax-policy circles thanks to his influential but controversial theory that some tax cuts generate more income for the Treasury. A staple in supply-siders' policy toolbox, it helped build support for the major tax cuts under President Reagan and President George W. Bush. So you have to wonder how House Republicans will react to Laffer's public endorsement of the push in Congress to require online retailers to collect sales taxes even from shoppers in states where they have no physical presence.
September 15, 2012 |
SACRAMENTO - The days of most tax-free Internet shopping in California are over. After years of controversy, the world's largest online retailer, Amazon.com Inc., was set to begin collecting state and local sales taxes on California purchases at 12:01 a.m. Saturday. Depending on where you live, sales taxes in the state range from 7.25% to 9.75%. New state and local government revenues from Amazon alone are expected to be as high as $100 million during the first year of collection, with the total for all Internet sellers reaching $317 million in the year that began July 1. Much more money is expected to flow into government coffers in coming years as e-shopping expands.
July 19, 2011 |
Amazon.com Inc. has insisted that California's new law requiring it to collect sales taxes from customers in the state would hurt the company's ability to compete in the nation's biggest retail market. Nevertheless, in New York, the company and other out-of-state, Internet-only retailers have paid $250 million in sales taxes over three years, thanks to a similar law that state adopted in 2008. New York holds no special sway over the world's largest online retailer. Amazon is following the state's tax collection law, the first in the nation, for one reason only — so it can challenge the validity of the statute in court.
March 4, 2011
The absurdity of it Re "Sick inmates a threat only to state's budget," March 2 Here we have a semi-paralyzed man shackled to his bed with three corrections officers to guard him. "But you can't argue with policy," says a guard. I guess I am not alone in asking: Whose policy? It really does not matter. If the policy is absurd, which it clearly is, it is a greater absurdity not to change it. The policy that could help ? the medical parole law ? has been on the books for almost six months, but the California Department of Corrections and Rehabilitation has yet to schedule a single case for a hearing.
May 19, 2012 |
PATTERSON, Calif. - Amazon.com Inc.for years has fought government efforts to tax e-commerce. Now it's poised to pocket millions of dollars in sales taxes paid by California customers. As part of a pact reached last year with state lawmakers, some online retailers agreed to begin collecting sales taxes this fall. About half of the projected $316 million raised in the first full year is expected to come from merchandise sold by Amazon, which is also setting up two California fulfillment centers that will employ at least 1,000 workers each.
October 10, 2013 |
With the iPhone 5c still widely available, the deals from retailers keep coming. First, Best Buy announced this month a promotion that gave a $50 gift card to customers who bought the iPhone 5c at one of its stores. That gift card could be used at the time of the sale to cut the price of the 16GB iPhone 5c from $99.99 to $49.99. Then Wal-Mart tried to top that by cutting the price of the iPhone 5c to $45 with a two-year contract. Wal-Mart had already been selling the device for $79. PHOTOS: Top 11 hidden, cool features in Apple's iOS 7 Now, Best Buy is firing back in the iPhone 5c discounting arms race. On Thursday, Best Buy announced a new smartphone trade-in deal that runs from Oct. 13 to -19. Customers are guaranteed $100 trade-in when they bring in any working smartphone (not just an iPhone)
September 16, 1997
Statewide taxable sales, or retail sales, have increased steadily since 1994 after recovering from a recessionary downturn in the early '90s. The city of Los Angeles received the lion's share of sales and use taxes levied on retail sales in the county last year. Automotive businesses--including car dealers, suppliers, service stations, and mobile home, boat and motorcycle dealers--were the largest retail-sales-generating group in 1996.
October 1, 2010
Funny how it works Re "Majority leader found Colbert embarrassing," Sept. 27, and "Taking satire right into Congress," Sept. 25 So poor House Majority Leader Steny Hoyer (D-Md.) was embarrassed by comedian Stephen Colbert's congressional testimony? I noticed, as I watched Colbert's most brilliantly written and executed performance, that a number of others shared Hoyer's sentiment. How deeply sad that these men and women of such self-importance can't bring themselves to recognize the value of his appearance.
July 21, 2011
One that got away Re "Obama should have fought for Warren on consumer agency," Business, July 19 I agree with David Lazarus that Elizabeth Warren is the most qualified person to run the Consumer Financial Protection Bureau. So I'm stunned that President Obama, who touts his support for consumers, would so quickly abandon his support for Warren. Lazarus notes that Warren had "drawn fire from the financial services industry [and] its friends in the Republican Party.