As reported moments ago by the Sacramento Bee (read here), Amazon and other national retailers have agreed to suspend their referendum effort in exchange for a concerted effort to resolve this issue (of internet sales tax collection) by July 2012.
We recommend reading the article directly, as the SacBee has this issue well covered.
9/9/2011 UPDATE – California legislature approves amended AB 155, repeals ABX1 28! AMZN to reinstate CA affiliates! All to work to pass the Main Street Fairness Act!
Love him or hate him, Wile E. Bezos has been a virtuso at this game.
Memo to Mainstreet, Walmart, Target, Bestbuy et al :
You can’t beat him, so might as well join him.
Stop your breathless legislative efforts and redo your biz model and spinoff your online ops to take advantage of this loophole too. The politicians aren’t going to level the playing field anytime soon or at least not before you all join Circuit City & Borders in bigbox heaven.