Online sales cost Arizona $708 million in lost sales taxes
Online sales
In November 2011 Arizona said Amazon owed the state $53 million in uncollected sales taxes from March 1, 2006, through Dec. 31, 2010, according to the company's most recent quarterly earnings report.
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SculptorDad posted at 11:20 am on Thu, Nov 29, 2012.
If there are no sales taxes, how can they "go uncollected"? That's like saying we should have had a budget surplus.
Suziehaystack819 posted at 4:41 pm on Thu, Nov 29, 2012.
It can't be lost if you never had it.
chuckles3 posted at 5:18 pm on Thu, Nov 29, 2012.
Typical.
AZ online shoppers saved $700 million dollars.Gosh, I guess that is really bad for the economy. We have to do something to get it in the hands of the Government so they can spend it.
scyntax posted at 2:21 pm on Sun, Dec 2, 2012.
"The National Conference of State Legislatures said Arizona will watch an estimated $708 million in sales taxes go uncollected this year on online and catalog purchases, the ninth-highest amount in the nation." Really? Given AZs nearly 10% tax rate, that means Arizonans ALONE spent over 7 billion dollars online in ONE year. Highly unlikely.
"Arizona last November charged that Amazon owed the state $53 million in uncollected sales taxes from March 1, 2006, through Dec. 31, 2010, according to the company’s most recent quarterly earnings report. While the report said the tax bill was “without merit,” Amazon also said that it had entered into a settlement with Arizona." This figure makes a little more sense than the one above.