Joshua Lindenstein, a reporter with the Boulder County Business Report, recently published an article covering the Marketplace Fairness Act. In the article, he quotes eBay sellers and small business owners, Brian Fricano and Nick Martin. Both expressed concerns with the complexity of the legislation. Their unique perspective highlights the consequences the bill would have on small Internet-enabled businesses across the country.
Brian Fricano, owner of Sustainable Supply LLC, argues that it is just not fair to burden small businesses with the challenge of collecting sales tax for thousands of different tax jurisdictions nationwide. He also projects that the passing of this bill could completely halt any job creation he had planned for.
Nick Martin, founder of the Pros Closet Inc. raised concerns about the possibility of audits from states where he has no representation or physical presence.
The article details the uncertainty of the bill’s future. While proponents and opponents both admit the need for more state revenue, opponents of the bill, such as Brian and Nick, understand the the Marketplace Fairness Act is not the correct way to do it and would only severely hurt small business.