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To: MulhollandDrive who wrote (7678)	12/31/2002 12:13:20 AM
From: Wyätt Gwyön	Respond to of 306849

considerable talk in CA about levying taxes on internet sales i read recently that states are projected to lose $45BILLION in sales-tax revenues in 2006 due to online sales. already, CA, NY, and TX lose more than $1BILLION apiece annually (i think CA is over $1.5BILLION). i think it's a foregone conclusion that internet sales will be taxed nationwide.

To: MulhollandDrive who wrote (7678)	12/31/2002 12:15:06 AM
From: Lizzie Tudor	Read Replies (2) \| Respond to of 306849

no question california is screwed no matter how you slice it Imo anything they do will be detrimental to business. But of course they can't do nothing, they don't have that option. Income taxes are already sky high and there is a huge sales tax too. I can't believe Davis didn't slam the brakes on all these public works projects 10 mos ago. It was obvious the technology industry wasn't recovering. Still, I hope this disaster ends up putting some bullets in the hugely discriminatory prop 13. I don't think they can overturn it since it is a proposition but maybe they can increase the yearly tax increase % from 2% to say 5% until the property is assessed at full value or something along those lines