Sears to sell Craftsman to Stanley/B&D

I don't know of a state that doesn't call it that. The "use" tax part comes in if you're a stationary store and use a sheet of paper in your business office, you'e supposed to pay the tax because you *used* it, not because you "bought" it.

Reply to
krw
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Shipping subsidized by Uncle Sam.

Reply to
krw

Yes.

Tax gets paid one way or another. If you are a reseller and don't collect tax on what you bought to resell, you have to pay the tax.

Reply to
Leon

They've simplified it somewhat up here in Canada with the HST (Harmonized Sales Tax) Rate is different province to province but it is basically a Value Added Tax.

As a business I pay the taxes on everything I buy and collect tax on everything I sell (including labor) I subtract the tax I pay from the tax I collect, and submit the balance.

Reply to
clare

It goes a lot further than this. The price can change based on your zip code, your purchasing history, your browsing histroy, or even what browser you're using. They're watching.

Reply to
krw

Your tax dollars at work. Per RIAA:

"The U.S. Congress has determined that, in certain limited circumstances and for public policy reasons, the government should determine the terms, conditions, and rates for a limited class of copyright licenses. For example, such a government created license may enable licensees to avoid entering into separate negotiations with numerous individual copyright holders, and thus create efficiencies that benefit society as a whole. Such licenses are called statutory (or compulsory) licenses, and generally the fee in such situations is paid according to a rate set by law, called a ?statutory rate.?

In the music world, some types of performance and reproductions of sound recordings qualify for a statutory license. The most common type of use covered by these statutory licenses is for non-interactive webcasting or Internet radio. The sound recordings that you might hear through a satellite system in your car, or at home over your digital cable service, also are provided pursuant to a statutory license."

Reply to
J. Clarke

Yes but if you have a catalog reference code to lock in the catalog price it does not matter where you are, you get that price.

Reply to
Leon

Get a Sunbeam MSU1XTFN00051A0 from Amazon and one from Walmart and see which one doesn't turn off automatically and dies young.

Reply to
J. Clarke

A sales tax is simpler than pretty much any other tax, including a VAT (only gets accounted for at it's last sale).

...and everyone up and down the food chain has to do the same paperwork.

Reply to
krw

Or you buy something out of state you're supposed to pay an in-state "use tax" equivalent to the sales tax. The "House of Television" in Springfield MA used to sell to CT residents and not collect tax from either state as long as the product was purchased for delivery instead of carry out. They got raided and everybody to whom the had delivered a product got a tax bill.

Reply to
J. Clarke

We pay use tax based on the sales tax rate where we live. Sales tax is another animal altogether. In the Houston Metro area there are several taxing authorities, City, Metro, State... Determining and charging sales tax is complicated as there are probably dozen or more different city taxes to take into account.

In Texas you can elect to not pay sales tax for goods to be resold at the time of purchase. This gives you 8.25% more cash flow. My wife was an enforcement officer for the Texas state comptrollers office, 32 years. She does my sales tax. LOL In my previous life, the automotive business, I was a highly efficient "form filler outer". The Texas sales tax return form is unbelievable, and is allllll hers.

Reply to
Leon

I'm talking about online sales and Amazon, in particular.

Reply to
krw

;~) Unless you collect and pay sales tax as a business in Texas large city metro area, you may not be aware of the complications of collecting sales tax.

Just for an example, I sell and deliver furniture to a customer 1 mile away. He pays 7.25%. I sell to another customer a block away but this time it happens to be in the city of Houston. He pays 8.25%. Tthere are at leas a dozen cities that have to be considered when determining sales tax.

Now, you fill out the return form. You have to break down how much money goes to the state, and it is not always the same percentage, and for each of the cities, and finally MTA which may or may not be in any city or unincorporated area.

If you are a hotel the taxes get more complicated to cover state, city, metro, hotel and entertainment complex.

Then there are fuels taxes.... and the list goes on.

Reply to
Leon

My Dad did the same thing.

Reply to
Scott Lurndal

That doesn't make much sense.

If one has the skills, one can play in the NFL, or make real money self-publishing, or write computer programs for a living.

Reply to
Scott Lurndal

The customer doesn't necessarily know _how_ to run an on-line retailing business, so I stand by the statement that you don't seem to have any experience with online retailing. Inventory, Shipping, Taxes, Dispute resolution, Returns, Sales Taxes, Legal, Finance et cetera et alia.

Reply to
Scott Lurndal

Most of their customers only need two screws, and are not interested in storing 98 others ad infinitum. Can't make everyone happy (although my local Orchard Supply Hardware will sell the two/four packs and also will sell an entire box of 25/50/100).

Home Depot, Lowes aren't generally selling to the trade.

Again, your lack of retailing experience shows. It costs the retailer money to stock small items (e.g. those bags of three screws) for packaging, shipping, stocking, tracking.

Life must really suck for you.

Reply to
Scott Lurndal

You don't seem to understand sales--you seem to be one of those back room accountants who says "we have to charge x for this item and never mind that the guy across the street sells it for x/10". And after a while you decide to remove the item because you never sell any of them. And so it goes until the guy across the street has put you out of business.

Reply to
J. Clarke

And yet it was still 3 times cheaper than buying the same item at Sears.

Reply to
Jack

Computer stores are not hardware stores. You should have given him a 5 for being nice to you, he should have given them free to be nice to a you.

Reply to
Jack

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