Tags: Small-Business | Internet | Sales | Tax

Small Businesses Hit Hard by Internet Sales Tax

By Thursday, 11 December 2014 01:46 PM Current | Bio | Archive

From the ATR website.
It is essential to small business owners throughout the country that an Internet sales tax not become law.
Senator-elect Steve Daines of Montana has detailed the ramifications of an Internet sales tax for hundreds of thousands of American small businesses. As a representative of a no-sales-tax state, Congressman Daines is familiar with the economic benefits of a free market.

Under MFA, online retailers would have to “contend with the constantly fluctuating sales tax codes of 45 states and 9,600 local jurisdictions.” The compliance and accounting costs make the regulatory burden of MFA a smothering force on innovation and economic growth.
With a projected increase in the average online shopper’s tax bill of $360 a year, this proposal would slow the economy and hurt struggling small businesses. Congress must remain firm in their opposition to an Internet sales tax as we head toward the commencement of the 114th Congress.
However, there remains a lame-duck threat to true Internet freedom: the expiration of the Internet tax moratorium. If the Internet tax moratorium is not expanded, state and local governments will start taxing access to the Internet. This regulation of the Internet slows innovation and hurts low-income Internet users.
While MFA’s temporary defeat is a short-term win for Internet freedom, the expiration of Internet access freedom remains a concern. Action must be taken by Congress in order to prevent an Internet usage tax.
Grover Norquist is president of Americans for Tax Reform, a coalition of taxpayer groups, individuals, and businesses opposed to higher taxes at the federal, state, and local levels. The coalition organizes the Taxpayer Protection Pledge, which asks all candidates for federal and state office to commit themselves in writing to oppose all tax increases. Read more reports from Grover Norquist — Click Here Now.

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It is essential to small business owners throughout the country that an Internet sales tax not become law.
Small-Business, Internet, Sales, Tax
Thursday, 11 December 2014 01:46 PM
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