April 24, 2013

Protecting Big Business

“Mandating that small businesses collect sales taxes for an additional 46 states and 9,600 tax jurisdictions would overload these entities with bureaucracy and red tape.”

The pessimist in me says "Yes, please put this to a vote. It's bound to wildly unpopular and the Dems will be on record as sponsors and it will be their undoing." The realist side of me has some questions

1. Will this force small e-tailers to confine themselves to local distribution?
2. Will the big players use this to squash the little guys?
3. Will this only increase the cheat rate for online e-tailers as they seek to operate in states that are less lax about enforcement?
4. Will this force states to work together to harmonize and simplify tax codes?

Any (or none) of these could come to pass. My previous predictions on virtually anything regarding politics preclude me from making such judgments but I think they're possibilities.

Posted by Duffy at April 24, 2013 12:00 PM | TrackBack

Comments  (We reserve the right to edit and/or delete any comments. If your comment is blocked or won't post, e-mail us and we'll post it for you.)

1) The bill in question applies only to those cos. with annual receipts over $1 million.
2) Yes. Amazon is in favor of the bill.
3) Most assuredly.
4) This is also in the bill. It's also most probably a total pipe dream.

Posted by: Hube at April 24, 2013 12:31 PM

1. I did not know that. Although given the value of the $, a million isn't that big. IMNHO.

2. Heard that

3. Warms my libertarian heart

4. Agreed.

Posted by: Duffy at April 24, 2013 02:45 PM