Tax and Tax and Tax and Tax...

The Los Angeles Times is reporting that Gov. Jerry Brown signed into law a bill requiring that online companies such as Amazon.com collect taxes on items bought by Californians.

According to the article:

Reporting from Sacramento— Shopping at Amazon.com Inc. and other major Internet stores is poised to get more expensive.

Beginning Friday, a new state law will require large out-of-state retailers to collect sales taxes on purchases that their California customers make on the Internet — a prospect eased only slightly by a 1-percentage-point drop in the tax that also takes effect at the same time.

Remember, elections have consequences and this is another consequence of electing Brown along with a Democrat-controlled legislature.

To read the full article, go here.