Obama to Sign Bill Combating Counterfeit Chips - Page 1
Forum section: electronics / general

author: Muxr
author_rank: Super Contributor
timestamp: February 16, 2016, 12:53:13 am
content: http://www.eetimes.com/document.asp?doc_id=1328931&_mc=RSS_EET_EDTQuoteThanks Obama!

author: HAL-42b
author_rank: Frequent Contributor
timestamp: February 16, 2016, 01:24:51 am
content: QuoteDo I understand correctly that America now has internet tax?Not to mention that cutting China's access to the American market would only prompt them to cut America's access to their market.

author: dannyf
author_rank: Super Contributor
timestamp: February 16, 2016, 01:32:38 am
content: The law can be easily defeated by its enforcement.

author: Addicted2AnalogTek
author_rank: Frequent Contributor
timestamp: February 16, 2016, 01:33:57 am
content: Quote from: HAL-42b on February 16, 2016, 01:24:51 amNo, America has extended it's BAN on internet taxation.

author: retrolefty
author_rank: Super Contributor
timestamp: February 16, 2016, 02:31:16 am
content: Quote from: Addicted2AnalogTek on February 16, 2016, 01:33:57 amNot extended, they have done that several times. This time they made it a ban on "internet tax" with no expiration date.

author: JoeO
author_rank: Frequent Contributor
timestamp: February 16, 2016, 03:30:19 am
content: Quote from: HAL-42b on February 16, 2016, 01:24:51 amThe trade imbalance is HUGE! It would be fine with many Americans if no imports came to this country from Red China.

author: all_repair
author_rank: Frequent Contributor
timestamp: February 16, 2016, 03:47:36 am
content: Does this bill also affect finished assemblies. or just raw parts in tube and tray?

author: cdev
author_rank: Super Contributor
timestamp: February 16, 2016, 04:16:18 am
content: "Trade Facilitation" is a code word for a lot of things. MANY of which may NOT be a good idea. At all. I will look into this tomorrow but I have to say, this administration has been extremely sleazy when it comes to trade deals, as bad or worse than Bush and Clinton.IMO, as far as I have been able to tell, Fast Track means that they can do virtually anything out of sight now, a lot of potentially disastrous things are literally on autopilot.Trade Facilitation is the name of a WTO thing, so its quite possible that a new WTO agreement is now in the pipeline. I don't know. just be aware that "trade" is basically a pretext as often as not, basically, countries are agreeing to help one another shaft the world's people.This system they are setting up is worse than dishonest.A 1995 WTO agreement you probably never heard of (GATS) was responsible for the 2008 banking meltdown and our screwed uphealth carehere in the US.Basically,in my opinion, these deals are consistently bad, Trojan Horses in every sense of the word.One thing, theynever ever are what they pretend to be.

author: boffin
author_rank: Unknown
timestamp: February 16, 2016, 04:30:00 am
content: Quote from: retrolefty on February 16, 2016, 02:31:16 amNot entirely true. The states have sales tax provisions, and many companies dance (slightly) around them my not having any operations in that state. Amazon is the clear target for this, and to with Amazon have ended up cutting deals with more than half the states to pay some sort of sales tax.Allowing online sales (without sales tax) while forcing local businesses to charge it seems like a bad idea to me; unless you're a major shareholder of Fedex or UPS.

author: Muxr
author_rank: Super Contributor
timestamp: February 16, 2016, 04:39:15 am
content: Quote from: boffin on February 16, 2016, 04:30:00 amSales tax is a state tax, not a federal tax. And Amazon can hardly be accused of "dancing around it" because they have been expanding to a lot of states. They've opened a distribution center in my state a few years ago and I now pay state tax on Amazon orders for instance. The shipping charges are a bigger deal to them than sales taxes as they are a high quantity low average price per order retailer.This is a map of their distribution centers plans from a while back, they have to charge state sales tax in all those dark gray states. Pretty much half the country (more if you consider the population density):

author: cdev
author_rank: Super Contributor
timestamp: February 16, 2016, 04:50:49 am
content: Trade deals liklely would have nothing to do with state anything except maybe to block them. For example, individual state laws on insurance might have to be harmonized so that foreign health insurance companies could offer low cost health insurance. That would make it easier for Third World firms to invest in provision of insurance for the US poor secure in the knowledge that their investment in the US market was protected forever against fickle politics and polticians. (Like Bernie Sanders)I know that part of trade facilitation of services is basically getting rid of barriers to Internet commerce, for example, rules against hosting servers in other countries have come under a lot of fire because they limit Internet commerce, without them, businesses can offshore their office administration to firms that specialize in it, in the case of the US, sometimes that means that you are dealing with English speaking support staff that are that working at night.Some countries have huge highly educated English speaking workforces. Low wages are their competitive advantage" and under free trade that entitles them to work if they are qualified.I can see how many companies are seeing themselves as well situated to basically staff the worlds English speaking business back offices, remotely, at lower cost. Since network bandwidth is cheap, the cost to do that is very low. People don't have to know that the person taking their hamburger order or driving that tractor in the field, is actually on the other side of the world.The idea is a company can reduce their costs by offshoring the most common 90% of their routine business operations to subcontractors on the other side of the world.Barriers might be things like pesky privacy laws in some countries.Another aspect of trade facilitation might be making it easier for insurance to cover shipping patients abroad for less expensive health care.

author: dannyf
author_rank: Super Contributor
timestamp: February 16, 2016, 11:40:15 am
content: "No, America has extended it's BAN on internet taxation."A better example would be that you ban your sons to have sex with their wives.That piece of law is really political showmanship.

author: retrolefty
author_rank: Super Contributor
timestamp: February 16, 2016, 12:52:12 pm
content: Quote from: boffin on February 16, 2016, 04:30:00 amNo, my statement was entirely true. You either don't know what the law passed is about. "Internet tax", taxing access to the internet, or confusing it with State sales tax on items purchased on the internet. The U.S. does not have a Federal VAT tax (yet) and Sales tax on internet purchases was never a legal questions but rather States didn't have many practical ways to force companies to collect it for them and few of us 'self reported' such purchases and paid State Sales tax on them. The issue had been around for decades prior for mail order purchases from out of State.But as others have said no big deal, this new 'forever extended' carries no weight on future Congresses/Presidents to not pass new future laws indeed taxing access to the internet if they wish and agree. So maybe it's a minor battle win on the "war on taxes", but that war will never be won or over by any Democracy as people and situations change over time.

author: Zero999
author_rank: Super Contributor
timestamp: February 16, 2016, 04:54:32 pm
content: Quote from: JoeO on February 16, 2016, 03:30:19 amUntil they notice the prices of TVs, computers etc. shooting through the roof and no longer being able to afford them.

author: Alexei.Polkhanov
author_rank: Frequent Contributor
timestamp: February 16, 2016, 07:09:05 pm
content: Hahahahaha, and how they are going to enforce it?

author: retrolefty
author_rank: Super Contributor
timestamp: February 16, 2016, 08:26:43 pm
content: Quote from: Alexei.Polkhanov on February 16, 2016, 07:09:05 pmAn "Internet tax"? It would simply add a new tax onto your ISP monthly bill.

author: Stray Electron
author_rank: Super Contributor
timestamp: February 16, 2016, 08:36:26 pm
content: This will probably be enforced about as often as often as the "Do Not Call" list.

author: tenthirds
author_rank: Newbie
timestamp: February 16, 2016, 09:04:25 pm
content: Quote from: Muxr on February 16, 2016, 04:39:15 amOhio now is also on that list. Amazon doesn't have distribution centers here, but they put some sort of small datacenter in Columbus so now they "get" to charge us sales tax.