Taxes

ASPEN, Co.--Carly Fiorina, the former chief executive at Hewlett-Packard, on Monday promised a deregulatory approach toward technology if elected to the U.S. Senate, warning of governmental overreach on Net neutrality and saying that current politicians don't understand what's important to Silicon Valley.

Fiorina, who won the Republican nomination in June, echoed what many technology executives have said for years: America's skilled-worker visa system is so badly broken that "we have to start from scratch," and that too many government policies push jobs overseas instead of making U.S. companies competitive against international rivals. … Read more

If there are two things state tax collectors seem to agree on, the first is that finding more money could really come in handy right now. The second is that taxing iTunes and other digital purchases might just do the trick.

A new proposal in the U.S. Congress is, however, designed to curb many of these "iTaxes," which have popped up all over the country in the last three years. Currently, some 23 states and the District of Columbia levy sales taxes in one form or another on e-books, music, apps, ringtones, and other digital downloads.

The … Read more

The halcyon days of tax-free Internet shopping will, if Rep. Bill Delahunt gets his way, soon be coming to an abrupt end.

Delahunt, a Massachusetts Democrat, introduced a bill on Thursday that would rewrite the ground rules for Internet and mail order sales by eliminating the option for many Americans to shop over the Internet without paying state sales taxes.

At the moment, Americans who shop over the Internet from out-of-state vendors usually aren't required to pay sales taxes. Californians buying books from Amazon.com or cameras from Manhattan's B&H Photo, for example, won't be … Read more

America's lingering Great Recession has already yielded a dramatic spike in unemployment rates and unprecedented government debt. Who would have expected it to usher in legalized Internet gambling as well?

In much the same way that some state officials have proposed taxing marijuana to raise money, advocates of legalizing online poker and slots are saying that billions of dollars in new tax revenue could be raised just by changing the law.

At least some politicos are taking those arguments seriously. The U.S. House of Representatives committee charged with writing tax laws will hold a hearing on Wednesday morning … Read more

North Carolina's tax collectors said Wednesday that they never demanded personal information such as book titles from Amazon.com, which filed a federal lawsuit against the state this week seeking to keep that information confidential.

"Amazon's complaint is misleading in alleging the department has required detailed information revealing personal consumer preferences, such as book titles," North Carolina Secretary of Revenue, Kenneth Lay, said in a statement.

But CNET has obtained correspondence from the Department of Revenue that calls North Carolina's claim into question.

In a letter to Amazon dated December 1, 2009, Romey McCoy, the … Read more

Amazon.com filed a lawsuit on Monday to fend off a sweeping demand from North Carolina's tax collectors: detailed records including names and addresses of customers and information about exactly what they purchased.

The lawsuit says the demand violates the privacy and First Amendment rights of Amazon's customers. North Carolina's Department of Revenue had ordered the online retailer to provide full details on nearly 50 million purchases made by state residents between 2003 and 2010.

Amazon is asking a federal judge in Seattle to rule that the demand is illegal, and left open the possibility of requesting … Read more

Internet users accustomed to tax-free online shopping may soon be in for an unpleasant surprise: new laws that will force them to cough up more cash every year on April 15.

An increasing number of politicians, concerned with shrinking budgets and eyeing continuing growth in e-commerce, want to force out-of-state retailers like Amazon.com, Overstock.com, and Blue Nile to tattle to tax collectors about how much in sales taxes their customers have avoided paying.

At the moment, for instance, Amazon customers in California don't pay sales tax but are supposed to voluntarily write a check for the full … Read more

Jeremy Bray received an e-mail message this morning with an unwelcome surprise: Amazon.com told him it had canceled its affiliate program, which provides small payments for referring customers, for everyone in the state of Colorado.

The reason? A state law, which Democratic Gov. Bill Ritter signed last week, slaps onerous new restrictions on large out-of-state sellers like Amazon, which said it has no choice but to end its marketing program in response.

Bray, a blogger who has lived in Pueblo, Colo., for more than 20 years, told CNET on Monday that he's now trying to "bring as … Read more

Editors' note: Declan responds to critiques of this post in a subsequent piece he wrote in his Taking Liberties blog at CBSNews.com: "Cap And Trade Redux: $1,761 Annually Per Family? Or Not?"

The Obama administration has privately concluded that a cap and trade law would cost American taxpayers up to $200 billion a year, the equivalent of hiking personal income taxes by about 15 percent.

A previously unreleased analysis prepared by the U.S. Department of Treasury says the total in new taxes would be between $100 billion to $200 billion a year. At the upper … Read more