Businessman Herman Cain, who has his poll ratings surge in recent weeks, proposes a "9-9-9" tax plan that would replace the current code with a 9% income tax, business tax, and a national sales tax.
Amazon built a good part of its business by not collecting sales tax so its already attractive prices were even lower.
The study took into consideration the relative corporate income tax, capital tax, sales tax, property tax and miscellaneous local business tax burdens of those countries, along with the statutory labor costs.
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However, small business owners object to a national sales tax on the internet.
Much of the gain would come from a state sales tax on "business-to-business" purchases like legal, accounting, banking and printing costs.
Well the day I lost my job, I went to the courthouse and registered the name for my business, and applied for a sales tax ID.
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If this is a product-based business, the govt reaps twice, once via the higher taxes intially charged to the business owner and then again on sales tax charged through sale of goods.
Not 1st American Flowers, a Canadian business that also doesn't charge sales tax on U.S. deliveries.
Its argument: that a tourism tax where there is no state income, sales or property tax would unfairly burden the cruise business.
Each seller may have different sales tax collection obligations according to their business policies and location.
Even more hidden are complex provisions such as a grantor trust proposal targeting certain sales transactions (particularly business sales), and elimination of several Generation Skipping Tax planning benefits.
This system is simple, easy to implement with our modern technology, and can operate independently of the current complicated sales tax systems that small and big business have to deal with on a daily basis.
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He wants to lower the overall sales tax rate to help middle-class families, reduce the corporate income tax and freeze business property taxes.
Add up excise, consumption and sales taxes to business income taxes and you have beer tax bloat.
Streamlined Sales Tax Project, a joint state and business effort started in 1999.
It makes dealing with sales tax much, much easier for small business owners.
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It simply makes collecting sales tax much easier for the millions of small business owners just like me.
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Business sales are surprisingly consistent in concept, documentation, legal and tax rules across a wide spectrum of size and type.
Main Street shops support our communities and create jobs, yet they are losing business because a loophole allows their online competitors to avoid collecting sales tax.
Let me count the ways: income taxes, Social Security taxes, Medicare taxes, property taxes, capital gains taxes, dividend taxes, sales tax, gas taxes, payroll taxes, business taxes, inheritance taxes, gift taxes, tariffs, tolls, and excise taxes.
It seems like adding sales tax probably would not upset the whole Scholastic business model that much and of course Scholastic is stuck paying the 3 million or so it did not collect from the kids.
He has articulated a 9-9-9 flat tax plan of 9% for business, personal and sales taxes.
"It is our position that sales tax always applied to businesses offering yoga under this business model, " Mr. Walsh said.
In Maryland greedy pols are ready to raise the sales tax 20% and to boost the levy on business profits--a great way to clobber both consumers and job-creating enterprises.
While the tax hikes might boost sales in the short term, small business owners fear that they will lose sales in the long run.
He calls it the 9-9-9 Plan, which consists of a brand-new retail sales tax layered on top of a new-and-improved business transactions corporate tax (a substitute for the current corporate income and payroll taxes), in turn layered on top of a new-and-improved comprehensive factor income tax (a replacement for the current mishmash of individual income and payroll taxes).
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State efforts at online sales tax collection have made it much, much easier to run my small business.
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Moreover, the vast majority of business-to-consumer sales involve services, such as travel, that are exempt from sales tax or involve products that are exempt, such as prescription drugs.
Amazon founder Jeff Bezos has brilliantly exploited Quill, for example basing his business in Seattle, instead of the Silicon Valley, to avoid having to charge California customers sales tax.
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Any size business can easily employ modern technology freely available, as I have, to calculate, collect and remit sales tax for any jurisdiction in any state.
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