Dems latest plan to stimulate the economy: Tax the Internet!

If the only tool you have is a hammer, every problem looks like a nail.

And if your only tool is "raise taxes," you might be a Democrat.

Desperate to find new sources of revenue after the debt ceiling debacle Congressional Democrats have dusted off an old and crappy idea — Tax the Internet.

Because what our economy needs right now is the imposition of extra costs on business resulting in higher prices for consumers!

The bill introduced by Sen. Dick Durbin, D-Ill., last week called the Main Street Fairness Act, has drawn support from several Democrats, including Sens. Tim Johnson of South Dakota, Jack Reed of Rhode Island, Reps. John Conyers of Michigan, Peter Welch of Vermont and Heath Shuler of North Carolina.

A veritable Who's-Who of tax-and-spend profligacy singing the only song they know. And that's one Orwellian name for a job-killer too, eh? The Main Street Fairness Act. Fairness for whom? You? Me? The guy who sells a few books on eBay?

Internet taxes are a nightmare for the small seller. Heck, regular in-state sales taxes are annoyingly complex enough. There is no need to impose another onerous burden on businesses, especially during a protracted recession.

Compliance and deadweight costs are expected to be as much as 17 cents for every dollar by one estimate. That's enough to drive the little guys with smaller margins out of business, which is the last thing we need with the economy slowing to a crawl.

Democrats don't care about the little guys. If they did they'd find a way to lighten our burdens rather than continually seeking to impose new and costly encumberances on every productive member of society.

Internet taxes? Just say no!

Posted at 11:57 by Chris Wysocki   [/economy]   Comments | Perm Link |
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