Quote:
Originally Posted by fjtorres
(BTW, in those states that Amazon collects sales tax? They still easily undercut the in-state B&M retailers.)
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Paying sales tax is not an expense for the store, except for time spent doing the paperwork. The store collects it in addition to what they are charging and hold it until the specified date they have to submit it to the state. Larger companies can actually make a little extra in interest until they pay the state.
I have never understood why people put so much emphasis on not paying sales tax on smaller purchases. On larger ones it can add up. Free shipping or a discount is a better savings.
It's like the tax free weekends here in Georgia. The people flock to the stores trying to save on sales tax. The retailers know this and discount less or not at all. The consumer is saving only 7% on the dollar. If you wait for the big sales you save a lot more than 7%.
Apache