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Technology Stocks : Webvan Group (WBVN) -- Ignore unavailable to you. Want to Upgrade?


To: Still Rolling who wrote (177)6/16/2000 4:54:00 PM
From: egggmann  Read Replies (1) | Respond to of 464
 
Does anyone know if there is something in the works to make all internet sales subject to sales taxes? I remember hearing this subject in the media some time ago but can't remember if the idea was shelved to encourage more internet commerce or if the states have something in the works to get stuff taxed even if there are no physical facilities based in their state.

Obviously WBVN sales will all be taxed at the state level since their DC's are local. So does this present a competetive disadvantage when comparing something like a $500 home electronic device when you could save the 7% (like Atlanta) or even higher state sales tax by buying from someone else like AMZN? Saving 30-50 bucks could persuade people to shop elsewhere for those bigger ticket items right?

Just thinking out loud. What do ya'll think?



To: Still Rolling who wrote (177)6/17/2000 10:56:00 AM
From: MattB  Respond to of 464
 
I agree with Jim Seymour columnist at the The Street.Com. The gist of what he says about wbvn is that it has legs because it is more than just groceries.

If you focus only on the grocery aspect of this story i think you miss what could be the best part.

Ross Peroe said the problem with internet commerce is that nobody is home during the day.

You cant schedule a delivery with UPS. WBVN's method of scheduling is a great concept. Plus they are always on time.