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Congress’ Latest Online Tax Grab Will Decimate Small Businesses

Congress’ latest attempt to impose an "Internet sales tax" is just another misguided tax grab that will do more harm than good to American small businesses.

The Remote Transaction Parity Act (RTPA), introduced by Representative Jason Chaffetz (R-UT), purports to simplify sales tax collections while also leveling the playing field between brick and mortar businesses and online sellers.

Noble goals, no doubt. Unfortunately, it accomplishes neither.

John Greathouse

Full Story: http://www.forbes.com/sites/johngreathouse/2015/07/07/congress-latest-online-tax-grab-will-decimate-small-businesses/

Many thanks to Lance Trebesch [email protected] for sharing.

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