“Some billionaires are saying, ‘You know, I don’t really need to be called out publicly,’” said Miller. “[They say] ‘I don’t appreciate it. It’s a publicity stunt.’”
- The Giving Pledge: Billionaires Promise to Donate at Least Half Their Fortunes to Charity, ABCNews.com, August 4, 2010.
2. One of the largest online retailers, Amazon.com Inc, continues to oppose sales tax collection by offering to create jobs instead. Thanks to the weak jobs scenario and consistently depressing jobs reports, regulators that had once been hungry to narrow deficits are now seriously considering the cost of job creation.
A few states appear to have taken the bait (South Carolina and Tennessee) according to a Forbes report, although agreements are far from concrete and are now up against much controversy and opposition from brick and mortar outfits.
Wares from these retailers appear more expensive when compared with those from online retailers, since they are forced by law to collect taxes on behalf of their respective states. As the growth in online retail continues at a rapid pace, largely at the expense of offline retailers, the animosity between the two camps has increased.
...
Amazon has seen much greater opposition in important states, such as California and Texas. But the company’s efforts continue regardless. It is now collecting opinion through the “More Jobs Not Taxes” coalition with California consumers, for which it needs half a million supporters to bend the legislative stand. (Amazon intends to create 7,000 jobs in the state if it is exempted from the collection of sales taxes up to at least 2014.) Since a delay in implementation is all it is looking for, Amazon is very likely to succeed in its efforts.
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