OT: Internet Sales Tax Passes the U.S. Senate

[JD Austin]

Great.. one more way to KILL small business by making them less competitive
and increasing their overhead.  Companies will just adapt to this BS (and
regular employees will pay for it).. getting close to 1M/year... time to
SPLIT THE COMPANY.

-- JD Austin
Twin Geckos Technology Services LLC
http://www.twingeckos.com
Voice: 480.269.4335 (480 2MY Geek)
jd at twingeckos.com
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The Open Tech Guy
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Xorcom USA
Technical Support
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On Tue, May 7, 2013 at 8:52 AM, Lisa Kachold <lisakachold at obnosis.com>wrote:

> Keith:
>
> On Tue, May 7, 2013 at 8:48 AM, keith smith <klsmith2020 at yahoo.com> wrote:
>
>>
>> The U.S. Senate passed the Internet Sales Tax Bill.  Jeff Flake's office
>> says he voted against it and John McCain's office said he voted FOR it.
>>
>> It is being reported there in some 9,600 taxing authorities in the U.S.
>> Add to that 560 or so Indian tribe taxing authorities. That is over 10,000
>> taxing authorities.  Yikes!!  Any company with 1 million in sales will be
>> required to comply.  I can tell you that a company that has 1 million in
>> sales is not a big company.  That online retailer might consist of 2 or 3
>> employees with some additional help from a number of consultants and
>> potentially a fulfillment center.
>>
>> From first hand experience, I would say this law, if passed by the U.S.
>> House, will cause a bunch of small online retailers to either go out of
>> business or reduce sales through raising prices or some other method.
>>
>> This may very well play out like ObamaCare where companies are reducing
>> the hours of their employees so they have less than 50 full-time
>> employees.   In other words we will experience the unintended consequences
>> of these laws.
>>
>> These polices effect each of us.
>>
>
> Yikes, yes!  And that will provide the revenue to expand Internet
> government regulation and compliance.
>
> Sadly, it had to happen.
>
>
>> ------------------------
>> Keith Smith
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