How the government plans to destroy small online business!

Even Amazon has already stopped their affiliate program in IL from the state requiring taxes for online purchases. So if it burdens a company like Amazon, what will it do for smaller companies when it's required for all sales!

Just another way for the government to force us to fund them!

Bunp

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Cool story. I really liked the part about " a group that opposes this move".

bitcoin and anonymous transactions is where all this is headed. Sooner or later, some bright person is going to find a way set up an amazon style site, which will really all be on your PC via peer to peer, and all the online retailers are going to move to that structure. Amazon will go out of business as everyone shifts their buying and selling peer to peer.

Bloodsuckers!

What does corporation mean?

Look below.

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'

Love that signature

Now we got to the old problem: the 6 million US small businesses have NO representation whatsoever.

What they call "small business" (Joe the plumber) is just a small a fraction of that 6 million, the rest of them are a lot smaller with no employees or just a few

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Last Edited by emerald_glow on 12/09/2012 01:12 PM

Well, The Internet Tax Freedom Act (ITFA) has been renewed through November 1, 2014. However states, like IL, were still able to override this by passing their own laws. This would be the government itself completely rewriting/abolishing the act. Taking away what we have fought for in one fell swoop. Having to follow the guidelines for each states sales tax, Florida for example taxes by county, and then having to remit the taxes to each state. Obviously you can see how complicated this will be for someone trying to maintain their online business.

I don't know what the problem is. Without the US gov. collecting more taxes, how do you think they're going to pay for vital services such as the TSA and the patriot act?

Amazon can be annoying with constantly jamming your inbox, but I find them generally reliable. To be honest I have no confidence in sending my money to Joe Bloggs out in the sticks somewhere.

Also it requires infrastructure which you will soon realise if you ever see a video of their warehouses.

The damage is already done. How many more stinking small businesses do they have to destroy???

My husband's business was ruined thanks to the economic slump, now they want to continue to take out more???

There already are too many suffering people out there thanks to the economy, and yet, instead of the government helping, they want to ruin more lives.

watch as small businesses go to the barter system. so far they don't tax unprocessed food.

Pretty sure anything you want/need in the future will be from barter. The fastest growing economy in the world today is the black market, soon anything you need from batteries to rice and expired twinkies will be purchased via the black market.

1) Taxes too high 2) dollar will become worthless and merchants won't even accept payment in dollars.

Illinois and California always seem to be innovators in the field of "Screwing everything up for the many to line the pockets of the few" N.Y is trying hard for 2nd place though.

Perhaps online sellers should unite and boycott the TAXING STATES !
People would start writing their Congressman if they could no longer get the STUFF they want online because vendors decline to sell to States with too many parasitic regulations?
Think about it.
As in 'Sorry I do not sell to CA.IL. Because........
That would get peoples attention. fast.

Invest in bitcoins, they will skyrocket because of this law.

Good thing I'll be moving out of the country soon. I wonder how they'll operate when all the ones who are actually contributing to society get fed up and flee and they're left with just illegals and welfare recipients. Maybe their goal of communism, socialism, and fascism dictatorship will finally be more achievable?

I don't care if you read the article, but read the comments and you'll see where this country is headed...

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.

I sell in online to the rest of the European Union, based in the UK.

This is how EU sales tax works.

Only businesses who volunteer or who have an annual turnover over $124,000 have to charge sales tax.

All UK customers are charged sales tax at the UK rate of 20%.
UK businesses registered for sales tax can claim the sales tax back from the government. So they effectively do not pay sales tax.

All other EU customers are charged sales tax at the UK rate of 20%.
EXCEPT if they are a business registered for sales tax in their own country, then they do not pay.
Even if they are charged they can claim the sales tax back from their own government.

Anybody outside the EU is not charged sales tax.


Different EU countries have different rates of sales taxes and corporation taxes.
So if you are a private individual then you can buy something from another country at a cheaper rate. But you pay more in shipping charges, so it isn't any cheaper.

If you purchase something from outside the EU then your government may still charge you sales tax on the value of goods imported.
There are a few UK companies that starting selling from the channel islands to avoid charging customers sales tax, which they may still be liable for as above.


Different EU countries have different rates of corporation (business profit) taxes, which is why many USA companies have their European headquarters in Ireland or Luxemborg.

Last Edited by lightchild_uk on 12/09/2012 03:49 PM

With close friends with family still in Cuba, I can tell you this is (black market) a byproduct of communism. Every country where the government becomes oppressive heads down this path.

How much is a bitcoin and what is the liklihood of its value increasing?

And, ironically, the states that tax everything every chance they get are the states that are in the worst financial shape...

Because I use my own merchant account through a gateway. PayPal already has banned my industry.

Stupid government doesn't realize we can buy from other countries that don't report sales.

All this does is hurt US companies.

It sucks. But it seems the main opposition to this is not "small" online business--it's big ones like Amazon.

Small businesses that do business offline are subject to state sales taxes anyway. Why aren't you crying for them?