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Machiavelli999 Comments (753)
 
And that's why licensing fees, taxes and regulations hurt small businesses more than anyone. The corporations don't like the added cost of regulations and taxes, but they can handle it.

The small businesses go bankrupt because of the costs imposed by government.

So, in effect, regulations encourage big corporations because only big corporations have the money to deal with the costs.
10 Nov 2011, 05:19 PM Reply Like

justinleigh Comments (5)
 
AMZN has always supported sales tax if it was applied across states in a scalable way. It's not new. Collecting sales tax isn't a problem and they can compete just fine with other retailers on a level playing field. The problem is collecting and reporting tax across the country when sales taxes vary by zip code and changes with every election and no technological support to be up to date or report tax.
10 Nov 2011, 07:15 PM Reply Like

Philip Cohen Comments (1362)
 
Taxes, taxes, taxes! Who wants to pay taxes? Particularly those easily avoided income and company taxes? Nobody. But, don’t worry, when the US is finally declared insolvent, like Greece/Italy/…, that one percent (mostly those patriotic exporters of jobs and importers of cheaper goods/services) who will by then have amassed most of the wealth of the country will come to the aid of the other ninety-nine percent: this new “aristocracy” will employ many of you as vassals, just like it used to be the case a couple of hundred of years ago in Great Britain. The rest of you? Well, you will slowly starve to death because you won’t even have a plot of land big enough to subsistence farm on. Just like the Irish of old, you will have to find another country to emigrate to.

Of course, the simple answer to this problem would be for the feds to instead collect a uniform GST/VAT on all commercial goods and services sales (including on imports), in place of the mish mash of varying state sales/buy taxes, and return that income, in a weighted manner, to the states. But I guess that would be too hard for the US, even though most other civilized countries now have such a federal tax. The Greeks don’t like paying tax either and look were it’s gotten them ...

Having said that, surely, no none can seriously believe that eBay is concerned about the protection of anyone but eBay. Notwithstanding that, eBay’s greatest problem is getting itself protection from its own executive management who are clearly a bunch of arrogant, ignorant, unscrupulous, narcissistic, sociopathic, probably congenital, imbeciles.

Enron / eBay / PayPal / Donahoe: Dead Men Walking.
11 Nov 2011, 07:29 AM Reply Like