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16 May 08
Overstock.com Takes Stand Against NY Sales Tax
[H]ardOCP:
First it was Amazon that stood up to NY, now Overstock.com is taking a stand against the states sales tax too. The online giant says it will no longer accept NY’s advertising until the state internet tax is repealed.
"We love New York," said the site’s chairman and CEO, Patrick Byrne, "but New York’s new tax law required us to choose between New York customers and New York ad businesses. In the end, we chose our customers. The governor and legislature of New York should understand that a tax is a price that a government charges for a service, and when the price of anything is raised, people (including us) buy less of it."
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