Monday, 7 May 2018

Should Small Online Businesses Be Taxed?

I've must have been hiding under a rock lately, as I wasn't aware about the upcoming U.S. Supreme Court decision that could force small business and bloggers out of business. The U.S. Supreme Court is deliberating the South Dakota v. Wayfair case, which could allow tax agencies to tax businesses without a physical presences (a.k.a. - an online business). A few online businesses are taking a stand against this, including eBay, who have recently started a digitally petition for sellers to sign; telling the Supreme Court how the outcome of this case can negatively effect us.

Whatever your online business is, I know that this news must be nerve-wracking for many people. While most bloggers and small business owners probably consider their online work as a "side-job," they probably rely on that income (small or large) to help pay a few bills. It doesn't help anyone when the prices of day to day things (foods, clothes, cleaning supplies) is still on the rise. Yes, new jobs have increased in the United States in the last few years, but for anyone living in a small town, finding a better job can still be difficult.

The country is in a nationwide debt for reasons that I won't list here, and so are individuals, who are stacked with credit card debts and medical bills (thanks to a fallen healthcare system). If you're up to your head in bills, there are other options. And, no, I'm not talking about bankruptcy!

There are Nationwide Debt Reduction Services that can assist you with your monthly bills. Lets be honest, debit reduction can be a big stress remover in your life. In many cases, the services can resolve your credit card debit. Nationwide Debit Reduction Services already has good relationships with most creditors, so they can help you get debt free as soon as possible. I believe there are no settlement fees until the creditors make an acceptable settlement offer.

Personally, I don't have any major debt, but like many bloggers, money is a little tight for me. To make extra cash, I take a few freelance writing projects. It's not a lot of money, but several assignments can bring in a decent income.

As for the South Dakota v. Wayfair case, I can see both sides. In one way, I can understand the government wanting to tax every business (especially the eBay stores). Then again, these taxes will put these small internet business out of business. Taxes on everything else in America is already high enough. Will this tax help get the United States out of the debt? The answer is no! The country owes way too much debt due to our government spending money that out country doesn't even have to begin with. I don't think they should be worried about taxing small online side businesses.

Where's the freedom in it?

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