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How the government plans to destroy small online business!
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[quote:Copperhead:MV8yMDc1NjIyXzM0OTQ0Mzg0XzFDNjE3RkQ3] [quote:Anonymous Coward 29093026:MV8yMDc1NjIyXzM0OTQ0MTU5X0Q0RkFBOTQ5] [quote:Copperhead:MV8yMDc1NjIyXzM0OTQzNzk0XzlGQTRERUYz] [quote:Anonymous Coward 12876915:MV8yMDc1NjIyXzM0OTQyMDI2XzJGQUQxN0Y0] [quote:MyAffliction:MV8yMDc1NjIyXzM0OTQwMTMzX0VEMTc3MDg2] Thanks for the pin! Yes I think this is a small part of the big picture of controlling the Internet. I happen to be the owner of a small online business and I can tell you right now this would be a HUGE burden on me at this point. So as for the comment on a "group that opposes".... All online business owners should and probably do oppose this' [/quote] How will it be a burden on you? If you use paypal, for instance, you just figure the tax for each state and it automatically adds @ purchase. [/quote] PayPal will add it to the purchase, but I would still have to keep track of the tax PayPal collected for the 49 states other than my own, and send them the tax collected at the end of each quarter. Add to that the local option sales taxes and other special sales taxes that states and counties add and it will be a nightmare. I sell to all 50 states and this scares the hell out of me. [/quote] Why does it scare you ?. Basicly you have dodged sales tax for years is what you are saying. [/quote] I have not dodged sales taxes, I just have not been forced to COLLECT what is owed by the consumers in their states. I collect Iowa sales taxes because that is where I manufacture product and have a physical presence. I sell in Iowa and I collect taxes as an unpaid tax collector in my state and send them to the state government every quarter. If the states want to pay me my shop rate for the time I have to spend being their forced agent I could go along with it. Lets say it takes me 3hrs per quarter for each state. That would be $12,750 worth of my time, and time lost manufacturing my products. In a year it would be $51,000 of lost productivity. I take it you have never had a small business and had to keep track of things like sales taxes, with the threat of fines and jail time for failing to comply to the letter of the law. [/quote]
Original Message
This proposed bill has been called assault on tax payers!! However most are FOR it saying "taxing Internet purchases is just common sense"!
Cited from article:
The Computer and Communications Industry Association, a group that opposes this move, says that an online sales tax will burden small businesses, “some of the most promising candidates for future economic growth.”
Read more: [
link to dailycaller.com
]
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