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Add to this: * 1M/yr in business with slim margins means this can apply to folks not even making enough to get by. Given the long tail of e-commerce, this will
by DanielBMarkham 14y ago
Add to this:
* 1M/yr in business with slim margins means this can apply to folks not even making enough to get by. Given the long tail of e-commerce, this will have significant impact on many small internet vendors
* The software provider catch-all means big wins for companies like Amazon to sell add-on tax calculations. Translate: more big walled gardens, less mom-and-pop businesses
* I'm still not sure who categorizes goods and services to determine taxation. The same good or service can be taxed differently by any one of those 23,000 taxing authorities (per your example of shipping and handling), but how is categorization information supposed to make it to the software provider (or merchant)?
* This complexity means that it's not a matter of merchants optionally using a software provider to compute taxes. For all intents and purposes, this legislation will require the use of a software provider to compute taxes
* Not only will the extra paperwork hurt small businesses, the added few percentage points will hurt poor consumers -- the people who can least afford it.