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Online sales tax to be added to NDAA defense authorization bill, another attack on small business!

 
Laura Bow
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User ID: 1158661
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12/06/2012 08:54 AM
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Online sales tax to be added to NDAA defense authorization bill, another attack on small business!
This may be the last Christmas of online shopping without paying sales tax.

A proposed online sales tax has been offered as an amendment to the National Defense Authorization Act, much to the ire of opponents.

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.”

“This proposal, and other online sales tax collection proposals like it, would allow states to penalize the innovative e-commerce business model by targeting small online businesses as convenient sources (and collectors) of revenue,” said CCIA President and CEO Ed Black.

The Marketplace Fairness Act, and its House counterpart the Marketplace Equity Act, seek to clarify, and arguably overturn, a 1992 Supreme Court ruling that requires retailers to have a physical presence in a state in order to collect sales tax on goods.

“Severing the relationship between taxation and physical presence would be a fundamental transformation in how we consider taxes,” Black continued. “Such a significant step deserves more extensive consideration than attachment to the unrelated Defense Authorization bill.”

More at : [link to dailycaller.com]

Last Edited by Laura Bow on 12/06/2012 08:56 AM

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