Brick and mortar businesses - and the communities that depend on them - cannot continue to bear an unfair sales tax burden from which their on-line competitors are effectively exempt.
Sentiment: NEGATIVE
Most large companies structure their affairs so that they minimize their tax payments. As long as you do it within the law, it's OK.
Employers who violate rules of fairness are punished by reduced productivity, and merchants who follow unfair pricing policies can expect to lose sales.
Dominant companies have a special responsibility to ensure that the way they do business doesn't prevent competition... and does not harm consumers and innovation.
Small businesses already struggle to compete with big businesses that enjoy the luxury of a tax code filled with corporate loopholes.
At a certain point, you can't tax people beyond a certain level.
The Business Profits Tax, which is imposed on in-state businesses, we need to impose the same thing on out-of-state businesses, because the way the Business Profits Tax is calculated, it is highly dependent on how much sales and profits are generated in-state.
Businesses who are members of Businesses for Social Responsibility or the Social Venture Network are internalizing costs on a voluntary basis and therefore raising their costs of doing business, but their competitors are not required to.
Politicians also have a love affair with the 'small business exemption.' Too much paperwork? Too heavy a burden? Not enough time? Just exempt small businesses from the rule. It sounds so pro-growth. Instead it's an admission that the costs of a regulation just can't be justified.
Corporations must pay tax.
Being a 'monopoly' is not illegal, nor is trying to best one's competitors through lower prices, better customer service, greater efficiency, or more rapid innovation.