Friday, March 29, 2013

Ron Paul: Let's Call This What It Is—An Internet Tax Mandate

Ron Paul: Let's Call This What It Is—An Internet Tax Mandate

The National Internet Tax Mandate, as Campaign for Liberty refers to the bill, would impose costly regulations on our nation’s job creators at a time when the economy is still struggling and millions of Americans are out of work. Businesses would be forced to become tax collectors in compliance with thousands of tax jurisdictions, and any increased operational costs would be passed on to consumers in the form of higher prices.

It is unfortunately no surprise that some of the nation’s most powerful businesses are lobbying hard for this legislation. While these companies can afford to absorb the additional burden imposed by this bill, their smaller competitors cannot.