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Senate President Pro Tem Darrell Steinberg is even going as far as gaining support for a bill that prevents Amazon from bringing a referendum to unravel the present sales tax law  (Source: uncoverage.net)

Amazon CEO Jeff Bezos
If state leaders can put a hold on the new law until 2014, Amazon will drop its effort to repeal it and would hire 7,000 new employees in California

Amazon has been fighting a tax-related battle for quite some time now. In the past, state's like Texas, Illinois and Colorado have pressured the online retailer to collect taxes in order to make up for state budget shortfalls, but Amazon refused and would simply pack its bags to move on to another state.

California recently joined the list of states who've pressured Amazon to collect. In fact, Governor Jerry Brown signed a bill in June that would require websites that forward shoppers to Amazon to collect sales tax in California. The law, which took effect July 1 and is expected to generate $200 million in revenue, angered Amazon to the point that it asked California voters to repeal the law.

Now, Amazon has a new proposition for the state of California that was discussed in a meeting Tuesday with leaders of the California Retailers Association and those in the office state Senate Republican Bob Dutton in Sacramento: If state leaders can put a hold on the new law until 2014, Amazon will drop its effort to repeal it and would hire 7,000 new employees in California.

While the hiring spree could be an appealing option for the state, since California's unemployment rate was at 12 percent in July and is expected to remain in the double-digits through 2012, Democrats are rejecting Amazon's proposal due to budget-related woes.

Earlier this year, state leaders needed to close a $10 billion shortfall. This gap was closed in June after deep spending cuts in previous budget cycles, but Democrats are backing the new law due to the fact that it has the support of local governments, public employees and small and large businesses.

Brick-and-mortar businesses like Best Buy and Walmart have been complaining about "unfair competition" with Amazon since they have to collect taxes and Amazon doesn't. The California Retailers Association quickly rejected Amazon's proposal.

"Our people came back and said this isn't legitimate," said Bill Dombrowski, president of the California Retailers Association. "It's unacceptable."

As for local governments and public employees, their "ranks are being thinned" due to a weak local revenue and overall state.

Senate President Pro Tem Darrell Steinberg is even going as far as gaining support for a bill that prevents Amazon from bringing a referendum to unravel the present sales tax law. Amazon spokespeople said they believe they'll have enough voter signatures by September 27 to qualify its referendum for next year's ballot.

In addition, Steinberg and other Democrats will create California jobs without the help of Amazon by proposing tax breaks for businesses, creating an economic development office and easing regulation.


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RE: Extortion?
By sigmatau on 9/2/2011 2:52:08 PM , Rating: 1
These companies are slimeballs. Just like AT&T, Amazon is holding jobs hostage so they can get more bonuses for their slimeball executives. I think that any company that says any crap like these companies did, they should get charged a higher tax rate. Apparently they spit on the privalege to do business in the US.


RE: Extortion?
By ClownPuncher on 9/2/2011 3:52:08 PM , Rating: 2
I'm not sure anything you posted here is correct.


RE: Extortion?
By YashBudini on 9/2/2011 5:55:54 PM , Rating: 2
I think his last sentence is the very definition of global, but it applies to all countries, not just here. Otherwise you got it right.


RE: Extortion?
By Spuke on 9/2/2011 3:57:11 PM , Rating: 2
quote:
Just like AT&T, Amazon is holding jobs hostage so they can get more bonuses for their slimeball executives.
State exactly how collecting sales taxes puts money in Amazons pocket.


RE: Extortion?
By V-Money on 9/2/2011 5:10:49 PM , Rating: 3
So what you are saying is that a business should be punished for trying to remain profitable and utilizing any advantages they have...I'd hate for Walmart and Best Buy to lose some customers because of this, it can't have anything to do with the piss poor customer service or crowded stores. Ever since amazon prime came out I stopped going to both of those stores altogether, and its not because of the tax savings. Oh, also, because I hate people who don't backup anything they say...
http://www.forbes.com/2011/04/04/most-least-reputa... Turns out amazon is just a wonderful place to shop. But these slimeballs are just ruining our country ;-)


RE: Extortion?
By YashBudini on 9/2/2011 11:47:28 PM , Rating: 2
I wish your chart had included net profits, would love to see who actually wins. I got a C-Note it's the ones doing the most damage to the country.

The bottom consists of 4 major players in the economic collapse, followed by Halliburton (I wonder how it go there? OK, no I don't.), Exxon Mobil, more banks, Comcast, bank, News Corporation.

And the list was published by Forbes. It speaks for itself.

Thanks.


RE: Extortion?
By YashBudini on 9/3/2011 12:31:34 AM , Rating: 2
quote:
it can't have anything to do with the piss poor customer service or crowded stores.

Best Buy has 1 great purpose. You research what monitor you want to buy, you go play with it at Best Buy to see if it suits you, then you go buy it online.

The days of 240+ pound 32" and 36" CRTs meant buying at places like Best Buy for lack of shipping costs and being able to return it without more shipping costs. Otherwise if your "everyday low price" is manufacturer's suggested retail then you can shop for stuff anywhere.


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