Saturday, March 26, 2011

Wal-Mart Behind California "Amazon Sales Tax" -- But Prop 26 May Block It

Previously we reported that California is threatening to destroy Amazon affiliated business with an internet sales tax.

It now seems that giant "bricks & mortar" retailer Wal-Mart is behind this tax attempt, hoping to hurt its "online only" competitors.

But good news: One analyst suggests that California's recently passed Proposition 26 imposes a 2/3 super-majority requirement in the state legislature for this tax to pass. This would require Republican votes, which might not happen.

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