PA small businesses losing out due to internet sales tax loopholes
Updated: Tuesday, August 13 2013, 02:41 PM CDT
Posted by Nate Wardle
Harrisburg -- A new study found that internet sales tax loopholes in Pennsylvania are costing jobs.
The PA Chapter of the Alliance for Main Street Fairness announced the results of a new study that examined the issue of e-Fairness in the Commonwealth.
The study found that by closing the loophole, it would potentially lower overall tax rates and jumpstart economic growth.
"I watched fellow business colleagues of mine, end up going out of business because they no longer can continue to compete,” stated Gene Rozman. “Imagine selling something at 10 percent profit margin and losing six points before the negotiation or proposition of business begins."
Two economists compiled the study.