Wednesday, August 22, 2012

Small Businesses Screwed by Tax Code: Small businesses have to compete against multinational corporations who avoid paying taxes by shifting their profits abroad and, thus, can sell more cheaply. Small businesses also have to compete against companies that sell over the internet and don’t collect sales taxes so they can sell more cheaply. We all know these loopholes are due to the lobbyists employed by these huge companies, but where are the associations who are supposed to represent small businesses? Controlled by the same big businesses?

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