Pinned Post – MFA’s (AKA MITFA) Vast Impact

A couple of our blog post that summarize the vast, and perhaps unintended reach of the Marketplace Fairness Act on businesses.

First, a post about how wholesalers, manufacturers and other non-retailers will be affected by new compliance burdens and audit risks (and if they sell retail, they’ll be just as affected as us)

The MFA impact on Manufacturers, Distributors & Wholesalers – A Huge Swath of the Economy Will Be Affected

Second, a post regarding Taxcloud’s statement regarding the number of businesses that will be impacted by this legislation – It’s a HUGE number and way more than the proponents have tried to sell in the past.  Ridiculous numbers like 1000 retailers.

Taxcloud is 1 of 6 Certified Service Providers for the Streamlined States and a huge proponent of the bill, since they’d make many millions of dollars if MITFA or Marketplace Fairness Act passed.

Taxcloud Video – Up to 3.5 Million Retailers Will Be Impacted by MFA/MITFA

Taxcloud Video – Up to 3.5 Million Retailers Will Be Impacted by MFA/MITFA

How many businesses might be ensnared by the Marketplace Fairness Act/MITFA?  Way more than most might guess. 350,000 – 3,500,000 retailers is their market – according to this elevator pitch 90 second video regarding Taxcloud’s business prospects from October 2011.  Taxcloud is 1 of 6 certified service providers (CSPs) who will see a windfall in new […]

Continue reading...

Award-Winning Astroturf Part 2 – DDC Advocacy (Stand with Main St.)

So sorry I missed a prestigious award for DDC Advocacy this February 2014.  DDC Advocacy (Stand with Main Street/Alliance for Main Street Fairness won an award as well this year!  The join their partner in astroturf Finn Partners. DDC Advocacy Wins Prestigious Reed Award – Best Public Affairs Campaign of 2013 From their Press Release […]

Continue reading...

Economically – MFA or MITFA is a New Tax

Is it a new tax?  From an economic perspective, it absolutely is. The Marketplace Fairness Act/MFA/MITFA – whatever incarnation you call it, will collect use tax from consumers on remote sales that wasn’t collected before.  Do use tax laws already exist?  Yes.  It’s the states jobs to collect them from their citizens and they mostly […]

Continue reading...

Hypocritical Stand with Main Street Small Biz Examples

There seems to be some serious cognitive dissonance with the small businesses trotted out lately by Stand with Main Street and 21st Century Retail – the main power PR companies behind Pro-MFA forces. Many to MOST of the small businesses they trot out lately have an online retail store as well and DO NOT CHARGE TAX […]

Continue reading...

Accounting Web Article – Interesting Quotes

In a recent article in AccountingWeb “New Bill May Change the Sales Tax System” there’s a few interesting comments/whoppers. First, a whopper from the founder of Exactor, one of the 6 CSPs that will make millions if the Marketplace Fairness Act passes. “”E-commerce has reached maturity and there’s no reason we should treat it as […]

Continue reading...

NCSL Fiscal Brief: Projected State Tax Growth in FY 2015

We’ll just call this one the myth of declining sales tax revenues, part 3.   Bottom line: 5 years of continued state tax growth. This press release is from the states themselves – The National Council of State Legislatures.  The full report is available for purchase, but the summary here is detailed enough to understand […]

Continue reading...

Self Serving Post by Exactor – Phew it’s easy!

It actually is easy, because they don’t support our setup (and ours isn’t very exotic at all).  Voila!  Problem not solved. (Update: Exactor confirmed no “plug-in” available for our shopping cart which powers tens of thousands of e-commerce sites) This new Wired Innovation Insights post is a press release masquerading as insight. I’m getting deja […]

Continue reading...

Fake Polls vs. Real Polls

When is a poll not a poll?  OK, not a legitimate poll…. When the poll questions aren’t even shared When the poll methods and methodology aren’t shared How do we have any idea about 70% percent “support” for something when we literally don’t even know what the question is?   We don’t.  Then it’s not […]

Continue reading...

21st Century Retail 2014 “Poll” – Big Lies

Either way, the stats are meaningless.  21st Century Retail group, AKA International Council of Shopping Centers.  And like my post last year on their press release “poll” there are zero details about the actual questions or methodology – and that’s by design.  The company they use allows the questions and methodology to be kept secret as part […]

Continue reading...