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Thursday, November 21, 2024 |
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Marketplace Fairness Act is Unfair to SMBs |
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arwendt
MUSA Official Joined: May 17 2007 Location: United States Status: Offline Points: 588 |
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Posted: Apr 29 2013 at 11:22am |
Who will enforce the collection of all these new taxes on small business? The Marketplace Fairness Act, best known as the Internet Sales Tax would be too burdensome on the small business like mine. Most sales from small internet companies are just a few dollars in lots of different places. To require sale tax recordkeeping, collection and distribution of sales tax in the thousands of sales and use taxing districts throughout the United States is far too burdensome for all small companies. It takes hours to complete forms for California alone. How much time is it reasonable to ask the small businessman to spend on collecting taxes? How much business will be lost if there is no economic advantage to doing business with the small businessman? See the full post here entitled Marketplace Fairness Act is Unfair to SMBs |
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“Sell not virtue to purchase wealth, nor Liberty to purchase power.” Benjamin Franklin - More at my Words of Freedom website.
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michellepinto
Outsider Joined: Apr 05 2013 Status: Offline Points: 2 |
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It is true..... these extra taxes are very burdensome to the local businesses. and these government bodies are earning almost 40% of their income from these alone. Very sad indeed.
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