So now every online retailer, regardless of size, has to reach out to every single city, in every state, that it has EVER shipped anything to to give them their sales tax $. Cutting 20,000 - $1.18 checks hurts small businesses and favors large retailers.
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Or ya know, you just use a service like those small businesses probably already do anyway?
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A lot of those services will likely need to be retooled. You also have stuff like Etsy stores, EBay sales from small LLCs. Lots of people that will have to collect the tax, then send lots of small checks and comply with laws. Or pay for a new service.
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All those stores use Stripe or Shopify or some equiv. It's not as bad as you're making it out to be because those tools already do this for your home state, and those tools do it for other people's home states. Sure it costs for the tax itself, but it's not any more of a burden
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Ya, but now someone has to pay those vendors. It increases the cost of business, albeit slightly... I’m not that mad about it. Just another one of those erosions.
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But it's the price of doing business in those localities. I see what you're saying but I don't think it unfairly hurts one business more than another. If anything it costs Amazon more because they write their own payments service, but that's an investment in their eyes
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The larger you are, with economies of scale, the impact on your compliance of this change will be less than smaller companies. Whereas they were able to sell without taxes before. Maybe it is just a leveling of the playing field, and that is ok. But it’ll have an impact.
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That's why they call it an investment, whereas those smaller companies don't have the capital to do it. Which is why they use a service for a non-zero fraction of the investment (also called "impact"). I think we're walking around in circles saying the same things lol
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ffs :(
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This hurts small businesses.
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Is small business taxed at the same scale as large business or industry if it's not it can't compete so is it fair? The scale shifted again with tax cuts jobs act bill
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This will hurt small businesses—- you need another employee just to file all the different state sales taxes. Most small businesses can’t afford that. Puts them at a big disadvantage against the big guys that can afford to put another employee in place.
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BINGO! The other options that happen are third party services and consolidation to online markets like those of Amazon and WalMart that allow you to list product and they handle the transactions and give you a small percentage of the sale.
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So Amazon needs to open one physical bookstore in every state. Problem solved.
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That ... wouldn’t do anything.
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Wouldn't they then have a "physical presence" in every state?
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Stores with a physical presence are already subject to taxes. Clearly you don’t read enough.
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Very, very bad....
Thanks. Twitter will use this to make your timeline better. UndoUndo
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Higher taxes, eliminating access to healthcare, a GOP tax bill which benefits the top 1% at the expense of the mid class, chaotic border practices with human rights violations, a Pres who kowtows to brutal dictators with US concessions that weaken America abroad. Pay attention.
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