Marketplace Fairness Act Would Be Devastating To A Small Business Like Mine

Tuesday, July 30, 2013
As President Obama visited Amazon’s Chattanooga facility today to talk about job creation in Tennessee, it’s only appropriate we discuss the way the Marketplace Fairness Act would actually kill jobs. When I heard this bill would require us to deal with almost 10,000 taxing jurisdictions, I about fell out of my chair. As a small business owner that sells all kinds of computer software through the Internet, there’s nothing creating more uncertainty for me than the Marketplace Fairness Act.
 
 
The biggest problem I have with the Marketplace Fairness Act is its name. There’s nothing fair about this bill.  It would actually require my business to be subjected to a far more burdensome tax scheme than my brick-and-mortar counterparts. I’d have to collect and remit sales tax to states I don’t live or benefit from. This isn't a loophole.  It’s the way the law was structured after the 1992 Supreme Court decision Quill v. North Dakota, which states that businesses only have to collect and remit sales tax where they have a physical presence. The law is the same for everyone.  Our business models are just different.
 
The second problem I have with the MFA is that it has a $1M small seller exemption, which has been touted by coalitions such as the Main Street Alliance as protecting 99% of small businesses. I have no idea where this figure comes from.  What I do know is that this threshold does not protect my business and it most likely doesn't protect thousands of businesses like mine across Tennessee and the U.S.  Profit margins online are so thin.  One million dollars in sales doesn't make anyone a millionaire.
 
The bottom line is simple.  This bill is devastating to small businesses like mine.  Small businesses like mine are the real job creators in America. That’s why I urge Rep. Fleischmann to oppose the Marketplace Fairness Act.
 

Tony Kornrumpf

Hoops Enterprise LLC

Signal Mountain

Send Your Opinions To Chattanoogan.com

We welcome your opinions at Chattanoogan.com. Email to news@chattanoogan.com . We require your real first and last name and contact information. There is no word limit, but if your article is too long you may lose your reader. Please focus more on issues than personal attacks. (click for more)

Replace The VFW Flag

I agree with my dear friend, David Carroll.  If it’s a money thing, I will join in with Dave and buy a new flag for the VFW. I am puzzled as to why this tattered flag is flying at a VFW post of all places.  My dad was at Pearl Harbor when the signing to end the war took place on the Missouri.  My mom was also there and worked as a secretary to Admiral Nimitz.  My ... (click for more)

6,533 Apply For Chattanooga Housing Authority Voucher Program

The Chattanooga Housing Authority closed its Housing Choice Voucher Program application process Monday at 11:59 p.m. There were 6,533 applicants. CHA will randomly select 1,000 of those names on Monday, for the voucher program waiting list. Anyone who is not selected will need to apply again in the future.  The Housing Choice Voucher program is a federal government program ... (click for more)

Times Free Press Pays Bonuses, Has Layoffs

The Chattanooga Times Free Press told employees on Monday that the newspaper had improved financial performance over the prior year quarters and employees were receiving two percent bonuses. Sources said at the same time, the newspaper announced some layoffs. Those include four people in the newsroom and an unspecified number in other departments. Bruce Hartmann, president, ... (click for more)

Libby Peigen Named Soddy-Daisy Volleyball Coach

Libby Peigen, daughter of Ooltewah coach Elaine Peigen, has been named head volleyball coach at Soddy-Daisy, replacing Lorri Johnson. Peigen had been head middle school and assistant varsity coach at East Hamilton before taking over the Lady Trojans' program. She played volleyball at Ooltewah and Lee University. The announcement of Peigen's hiring was originally posted ... (click for more)

Central Rolls Past Hixson In Surprise District 6-AA Romp

The Hixson Wildcats have played a lot of close basketball games this season, but Tuesday's District 6-AA clash at Central wasn't one of them. The Purple Pounders have been hit hard with season-ending injuries as three key players are out with ACL tears while a fourth suffered a broken leg a few weeks back. Despite all of that, there are still some talented players on the Central ... (click for more)