Welcome to sales taxes Guide
Internet Sales And Taxes Article
. For a permanent link to this article, or to bookmark it for further reading, click here.
You may also listen to this article by using the following controls.
Potential Effects of Sales Taxes in Canada
from:Like many others, our friends to the North are struggling with the high added cost of sales taxes in Canada. Canadians are faced with a provincial and federal sales taxes, and in New Brunswick, Newfoundland, and Nova Scotia, they also face a 14 per cent harmonized sales tax, which is a combination of the goods and services tax and certain provincial taxes. With all of these various sales tax, the average Canadian can pay as much as 16 per cent between federal and provincial sales taxes in Canada, and if you live in one of the provinces where the harmonized tax is included, you will pay another 14 per cent.
With sales taxes in Canada being so high, there is little wonder why the minimum wage currently at $8 per hour is under consideration for a raise to $10 in some provinces. With taxes in restaurants sometimes as high as 12 per cent, the average Canadian family can ill afford to take his or her family to a restaurant very often. This can cause a damper on family life as well as on the economy, at least in the restaurant community. On the other hand, however, is the fact that the Canadians are used to the high cost of goods, and as such, their employment opportunities substantiate it with teachers often starting right from college making over $40,000 per year (Canadian dollars). In the United States, in most places a teacher would have to work well over ten years to make that kind of money—at least in the elementary to high school levels.
The question a non-Canadian might ask is why sales taxes in Canada are so high and why there is a need for federal and provincial taxes that almost match one another. Here in the United States we have some cities within a state that have different taxes, but the difference is minimal in comparison to sales taxes in Canada—perhaps a one or two per cent different at the most except for some of the bigger cities like New York where there is a four per cent difference. Even that amount is lower than the additional amounts charged by the provincial governments in Canada. As people, both here and up North, we have to begin asking our governments where the money is going, what additional services they are providing in order to justify such high taxation.
Sales taxes in Canada as well as the United States have obviously gotten out of control, and we need to find out why—we need to exercise our constitutional right to know what our governments are doing with our tax dollars.
Internet Sales And Taxes News
Sales taxes in small Arizona towns steeper than in big cities
Four Arizona cities were listed in a recent study as having some of the highest sales-tax rates among the nation's largest urban areas. But Phoenix, Tucson and their peers actually are below-average compared to small cities and towns around the state.
Read more...Michigan lags in pushing online retail sales taxes, group says
Lansing — With Internet shopping sales continuing to rise each year, Michigan lags other states that have taken aggressive action to compel online retailers to charge state sales taxes, according to a new report funded by an industry trade group.
Read more...Would an Internet Sales Taxes Put a Crimp in Online Shopping?
Aside from the death of an occasional big box retailer -- Borders and Circuit City, we knew thee well -- one of the bigger downsides to rise of online shopping has been its impact on state budgets. Thanks ...
Read more...Uncollected Internet Sales Taxes Cost Missouri $468 Million Annually
By Brad Fischer - MU researchers recommend legislative action to help local economy, state revenue
Read more...Snyder urges Congress to let Michigan collect sales tax on online purchases
Lansing — Gov. Rick Snyder wants Congress to level the playing field for businesses competing with online retail giants by enabling Michigan to collect its 6 percent sales tax on all Internet transactions.
Read more...