Comments on: Welcome to 3/50 Friday (#350proj #fb #in)

By: Kelly Anderson

Kelly Anderson — Wed, 25 Nov 2009 19:40:59 +0000

Spend it online and Nothing comes home. That is just incorrect, not all internet sales are tax free, and some percentage of those transactions will be in your home state, it may be small but it is not nothing.

That also being said, if people from out of state spend money online to purchase things from a local business (even a local independent business) you are bringing money into the local economy, not just adding energy to the local economy.

Editor’s note: Actually, sales tax charged for online purchases goes to the state–not the local community economy, which is what The 3/50 Project points out. The only time an online purchase returns revenue to a local economy is when the consumer lives in exactly the same town as the e-tailer…in which case, they’re the exception, not the rule, by a long shot.

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uberVU - social comments — Mon, 23 Nov 2009 17:52:09 +0000

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