Would new sales tax requirements harm small and mid-size businesses?
Small and mid-size companies are vital to the U.S. economy in terms of employment and growth in GDP. According to some, these are the same companies that often falter under the weight of government regulations, and taxing obligations. Arguments about whether or not a new federal online sales tax law would help or harm these companies rage in D.C. At the state level, states like South Carolina and Colorado are also debating changes to their tax codes and how they would impact local economies.
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