Taxes from the Internet (More Money)

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  1. SpanStar profile image60
    SpanStarposted 5 years ago

    It would appear based on the link below just like mom-and-pop stores has been eliminated the focus now is  generating taxes through the Internet in an effort to push out small businesses.

    http://www.youtube.com/watch?v=Fzk_vnGftYE

    So the playground is never big enough for any more than one player.

    1. wilderness profile image98
      wildernessposted 5 years agoin reply to this

      Not sure what a tornado video has to do with internet taxes. big_smile

      Last I heard, though, the collection of sales tax on internet sales, ongoing in DC, was expected to exempt small business from the requirement to collect taxes.  Has that changed?

  2. SpanStar profile image60
    SpanStarposted 5 years ago

    Clearly I didn't get the correct link, sorry but I hope this one will help:

       http://www.youtube.com/watch?v=rbdBjoGdXpQ

    1. wilderness profile image98
      wildernessposted 5 years agoin reply to this

      Nothing about small business; presumably it is still being given a "bye" on the collection of sales taxes.

      I doubt that the cost of collection will be more than what is collected, but even if it is the politicians don't care.  They see dollar signs, and that's like waving a red blanket at a charging bull.

      1. SpanStar profile image60
        SpanStarposted 5 years agoin reply to this

        I agree. The problem stems from the fact that corporations have the finances and the resources to address the documentation necessary to conduct business this way while the small business owner struggling to make income may have to leave the Internet because they neither have the manpower nor the funding to provide the government with the documentation they require.

        1. wilderness profile image98
          wildernessposted 5 years agoin reply to this

          Seems like I heard the figure being discussed was $50,000.  Any business with less that $50,000 in internet sales was to be exempt from collecting taxes.  Of course, it is all discussion at this point.

          But if that is so, and reasonably priced software is available (should be provided free by states IMO) then small business should not be hurt too badly.  Unless the business is purely internet they should be large enough to be able to tolerate the cost - it is just those start up internet sales outfits that would be hurt.  Like those on eBay - if you're making a living from that, you'll have more than $50,000 but not enough that you can afford the cost of collecting taxes for ten thousand different locations.

          Or maybe they'll make it just sales tax; all the city and county taxes won't be included.  That would simplify things enormously, and make it quite cheap to comply.

          1. SpanStar profile image60
            SpanStarposted 5 years agoin reply to this

            American history has not in the past shown where corporations can exist harmoniously with small business owners. Generally it has been America's attitude that they don't want a piece of the pie they want all the pie.

            1. wilderness profile image98
              wildernessposted 5 years agoin reply to this

              Very true, but it is to a large degree the fault of the consumer.  How many people decry the entrance of WalMart into their little community but then, discovering the low pricing, do all their shopping there?  It is at least as much about low prices as about power. 

              Small business could easily afford the cost of collecting taxes - by passing along those costs to the consumer.  The consumer doesn't want to pay them, and won't, so the small business goes under.  Who is to blame - the big corp that absorbed much of the cost by lowering their dividend by a penny or the consumer that won't pay the cost that the little guy tried to pass on?

 
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