Wednesday, June 29, 2011

Amazon drops California associates to avoid sales tax: a Passive Income Source eliminated

When faced with online sales tax in California, Amazon plans to drop the Amazon Associates Program for the State of California. 

This doesn't mean too much for me since I do not make any money from them anyway despite my participation in their affiliate program.

However, this is bad news for the thousands of people who do get passive income stream from amazon.com product affiliations and purchases. This is precisely why it is wise to have diversity in everything you do, including the diversity in the types of income streams.

Here is the link from where I had obtained the information;
http://money.cnn.com/2011/06/29/technology/california_amazon_associates/

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