Small Businesses Identify Serious Problems With Internet Sales Tax Legislation
1st June 2013
Read it.
Oh, say it ain’t so!
These small online business believe that true Main Street physical retailers and true Main Street Internet retailers are not at odds, but, in fact, allies. eMainStreet makes the point that “in 2012, big-box retailers accounted for more than 83 percent of online sales. Their online market-share is increasing, and by way of the MFA the growth of their retail oligopoly will accelerate.” This is precisely what happened in the physical retail space.
The point is that, just as rich people are in favor of increasing taxes that they are in a better position to survive, big companies are in favor of increased taxes on commerce (and regulatory burdens) that they are also in a better position to survive.