By Elmer
Whittaker
Ok, so here
is my simple minded take on the proposed "Robin Hood Tax".
I have been
buying products online for many year. In fact while living in Arizona I even
had a business selling products online. Unless I was selling within the State
of Arizona, I was not required to collect sales tax.
I also
purchased, sold and owned stocks online through a online brokerage firm.
Not being a
tax genius I just found out not too long ago through the proposal of the so
called Robin Hood Tax, that I apparently had to pay no "sales tax' on my
transactions.
Up to this
point I considered purchases online as the only sales tax free purchases I knew
of with the exception of food in Arizona.
Lately even
Amazon started to charge me sales tax and since I moved back to Nevada, I am
now again paying sales tax even for food.
On other
words we are paying sales tax on virtually everything we buy. From gasoline,
over medical bills to food and drink.
If the claims
of the proponents of the "Robin Hood Tax" are factual, I see
absolutely no reason for big banksters, investment banks and brokerage firms to
be exempted of paying a sales tax on their stock, options and commodity
purchases, especially if the proposed sales tax is as minute as proposed.
For more
information on the Robin Hood Tax please visit: www.RobinHoodTax.org
