- Aug 19, 2008
- Reaction score
In my homestate of Nebraska the Republicans want to eliminate the income tax in order to gain the competitive advantage over other states that still have such a tax. They are hoping to more than make up the estimated $2.2 billion revenue loss by closing sales tax "loopholes". I'm positive that every one of those "new" taxes will be met with fierce oposition by special interest. So do these Republicans don't know anything about business as well? Do I sound like one of those politicians? My impression is that everytime the word "tax" is used people respond refexively in a negative way. Same goes for all kinds of regulation. Remember that every increase in the minimum wage was surely going to bring down the american free enterprise system, smoking bans would end the gastronomic sector as we know it and so on.This burdensome and complicated idea of an internet tax falls MORE heavily on the small retailers shoulders.
Yeti, you know I like you, but you sound like the typical politician that does not know how business works and is unable to understand the unintended consequences of burdensome taxes and regulations.
Sorry for going way off topic.