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Thursday, June 30, 2011

How stupid can government get? It will get worse with 'Obomination' - Amazon ends deal with 25,000 California websites

The Greedy Handed Rent Seekers of government are relentless. Like a black mamba snake, the stalk after you long after you think they have given up, then they strike, poisoning you to death.
Jerry Brown talked campaigned on being business friendly, with less tax and regulation, but he is still the same Governor Moonbeam.

Amazon ends deal with 25,000 California websites | amazon, affiliate, california - The Orange County Register
Updated: June 30, 2011 by Jan Norman

Gov. Jerry Brown has signed into law California's tax on Internet sales through affiliate advertising which will immediately cut small-business website revenue 20% to 30%, experts say.

The bill, AB 28X, takes effect immediately. The state Board of Equalization says the tax will raise $200 million a year, but critics claim it will raise nothing because online retailers will end their affiliate programs rather than collect the tax.


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