MCViewPoint

Opinion from a Libertarian ViewPoint

Get Ready for Online Sales Tax as Supreme Court Screws Small Online Businesses | The Daily Bell

Posted by M. C. Fox on July 6, 2018

Business as usual in Washington

Don’t Tax Online Businesses, Repeal Taxes on Brick and Mortar!

Remember the Warren Buffet secretary headlines. She pays more taxes than Buffet!

Solution: Raise the taxes on the rich guy. No one said lower taxes on the person that can’t afford them. That sort of thinking will get you unelected in Foggy Bottom.

https://www.thedailybell.com/all-articles/news-analysis/get-ready-for-online-sales-tax-as-supreme-court-screws-small-online-businesses/

…When another family could not get pregnant, they found that selling collectible cards online was the easiest way to raise the $35,000 it costs to adopt a child. Here’s what they said before the decision:

If the Supreme Court reverses its precedent and allows states to enforce sales taxes on online sales, it won’t affect the Amazons, Walmarts, Targets and other big retailers. They have all become “multichannel” retailers selling from their physical stores and distribution centers in almost every state and online. They collect and pay state taxes because of their physical presence in those states. For these large retailers and many other multichannel sellers, tracking the complexities of taxes across the 45 states that levy sales taxes is just another back office process, and they have the staff and budget to do it.

For us, an Internet sales tax would mean the certain end of our business. We can’t afford specialty software to help us manage taxes. We don’t have the staff, lawyers or accountants.

It’s just us.

If state sales taxes are imposed, we would also find ourselves competing in many markets with unsophisticated sellers, often high school students, as well as unscrupulous sellers who wouldn’t pay the tax and would consistently underbid our pennies-on-the dollar margins.

Worst of all, we would be living under the constant threat that out-of-state tax agencies would turn our lives upside down with an audit. We would be defenseless against the tax authorities of California or New York.

A Supreme Court decision just royally screwed small online businesses…

Be seeing you

tax crime

 

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