Illinois Senator Dick Durbin ---He supporting of the Simpson-Bowles Social Security and Medicare gutting Catfood Commission--- won't stop there.
He is going to push for an Internet Sales Tax bill that will cost Tens of thousands, if not millions of jobs. Just Like it did in Illinois and other states.
From CNET
The proposal--expected to be made public soon after Tax Day--would rewrite the ground rules for Internet and mail order sales by eliminating the ability of Americans to shop at Web sites like Amazon.com and Overstock.com without paying state sales taxes.
The only trouble with this, they will NEVER get the same funds, and it will hurt Thousands, if not Millions of small businesses..
Illinois just passed a similar bill, and Amazon, as well as MANY Major internet sites eliminated their advertisers.. Advertisers, not salespeople. They pay an advertising fee to small businesses and people who advertise Amazon to people.. if those people buy FROM AMAZON, not the small business, the small business gets an advertising fee.
Well, amazingly, all that happened is that Amazon stopped paying that advertising fee to its Illinois people, eliminating their income.. their JOB.. and the income taxes paid, as well as sales taxes paid by them, and forcing some of them to use further state aid, costing more..
Cutting Social Security and Medicare, and hiking taxes on small business, eliminating those businesses. Is there anything worse to do right now?
Talk about a double whammy on small businesses, state and federal coffers. Best Buy and WalMart? All for it.. Amazingly, we take multinationals over Small bsuiness again. Can we get Bank Of America for this to make it a clean sweep????
Between this and last week.. I don't know what this party is anymore. How can we, the party of the downtrodden and small business, be limiting anything about small business..
Rep. Dan Lungren sponsored HJ Res 95 earlier this year. It was mentioned in the article, and it makes a great deal of sense. here it is..
Supporting the preservation of Internet entrepreneurs and small businesses.
Whereas the United States enjoys a strong online retail market, which for the past decade has provided United States consumers the opportunity to purchase quality products and services at competitive prices;
Whereas the open online marketplace has enabled a large number of small retailers and entrepreneurs across the Nation to establish and strengthen their businesses on various e-commerce platforms and therefore protect and create jobs, increase consumer choice, create competition in the retail industry, and provide quality goods and services at reasonable and often discounted prices;
Whereas any Federal legislation that would upset this open and fair environment and allow State governments to impose new onerous and burdensome sales tax collecting schemes on Internet-enabled small businesses that do not even reside in their State would adversely impact hundreds of thousands of jobs, reduce consumer choice, and impede the growth and development of interstate commerce; and
Whereas at a time when national unemployment numbers are high and businesses across the Nation are struggling to keep their doors open, Federal policy should promote pro-growth and pro-business policies instead of enacting legislation that extracts additional taxes from the Nation's Internet-enabled businesses: Now, therefore, be it
Resolved, That it is the sense of the House of Representatives that Congress should not enact any legislation that would grant State governments the authority to impose any new burdensome or unfair tax collecting requirements on small online businesses and entrepreneurs, which would ultimately hurt the economy and consumers in the United States.
When Dan Lungren is a better Democrat than the Administration and Dick Durbin there is a problem. Wasn't the Democratic Party the party of small business, the underemployed, and the enterpreneur?
Wasn't the Republican party the party of the Large multinational and the Banks?
This may prove that for those two a stopped clock is right twice a day..
To save some income for the country, to save jobs and small business, we need to kill this sickening bill when he proposes it, and to do SOMETHING to keep the idea of entrepreneurship alive.. as well as any hope for small businesses, and something for the unemployed and underemployed..
After all, Someone has to pay for the Billionaire tax cut..