Recommended Reading: 3 Reasons to Hate the Internet Sales Tax Bill

Internet_Sales_Tax_Washing_Money_AwayWe were going to write a post on this, but decided to recommend this well argued post about the looming Internet Sales Tax.

It’s a bad idea, we think, and geared to help bigger stores and online shopping sites, as well as the local Mom & Pop small businesses.

As 3 Reasons to Hate the Internet Sales Tax Bill from the Motley Fool points out:

“This bill is so polarizing that it’s pitted members of the same party against one another, with public opinion even more all over the place. Its implementation, though, could mean the difference between $22 billion to $24 billion in annual online taxes going uncollected… the reality of the Internet sales tax bill is that it’s considerably more complicated than what you see on the surface.

Please read the blog post in its entirety here.

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