Keith: On Tue, May 7, 2013 at 8:48 AM, keith smith 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 > --------------------------------------------------- > PLUG-discuss mailing list - PLUG-discuss@lists.phxlinux.org > To subscribe, unsubscribe, or to change your mail settings: > http://lists.phxlinux.org/mailman/listinfo/plug-discuss > -- (503) 754-4452 Android (623) 239-3392 Skype (623) 688-3392 Google Voice ** it-clowns.com Chief Clown