Internet taxes: why Democrats don’t like them
The issue of “fairness” and taxation on sales made over the Internet is back in Congress with a bi-partisan group pushing for a new taxation scheme called the “Marketplace Fairness Act designed to collect taxes on ALL sales made over the Internet.
It sounds simple, but it’s not. Forcing mom-and-pop businesses and sellers on Ebay to collect taxes and fill out forms for 9,600 taxing jurisdictions is not simple and will inevitably kill jobs and economic growth…it’s not just about the taxes, rather it’s about the compliance costs….and the “Marketplace Fairness Act” doesn’t resolve these problems.
And, while some Republicans have joined many Democrats in supporting the scheme, some Democrats have also led the way in opposing the scheme (you can click here to share your opposition with Heinrich and Udall):