Has Memorial Day lost its original meaning?
While Memorial Day is meant to be a day of remembrance for the military, it is treated by retailers as a healthy prelude to summer sales.
Particularly online retailers, which are eagerly seeing Memorial Day sales as a breaking point of annual revenue, that supplements the July 4th festivity sales.
But will this be the last and final time that online retailers and consumers will be doing this tax-free?
According to the wise-crack politicians that introduced the “Internet sales tax” bill, the future is bleak for the perk that makes online sales for the same goods, more attractive. Not having to pay sales tax for, say, a 72″ television that can instead be shipped across the country, is a sales-making decision to many.
When the Internet sales tax bill – that passed by an overwhelming majority at the Senate – becomes approved by the House and a law, it will skew the balance towards shopping at local stores and shops.
And that, might be good for the local economy, but it might also change the shopping habits of many an armchair consumer for the past 15 years.
So enjoy your Memorial Day shopping, for it might be the last standing bastion of tax-less freedom.
This post is 100% true!
