Source: Tulsa World, Okla.mini storageJuly 19--When conservative economists such as Art Laffer and Donna Arduin tell you something is good for business, it's a pretty good bet that it is.The Marketplace Fairness Act would allow states to force large Internet retailers to collect sales taxes and return them to the states from which goods were purchased. The Laffer-Arduin report said that enforcing the act would create 21,348 jobs in Oklahoma and as many as 1.5 million nationwide in the next 10 years.State, municipal and county governments in Oklahoma lose about $225 million in revenue annually from uncollected taxes -- state, $121.5 million, municipal, $85.5 million and county, $18 million.The conservative credentials of Laffer -- of the Laffer Curve -- are impeccable. Laffer was instrumental in forming President Ronald Reagan's economic policies. Arduin's are equally impressive.The Marketplace Fairness Act gives small businesses a fighting chance against out-of-state Internet companies that can sell items cheaper because they don't have to chaself storagege a sales tax. Customers are supposed to keep track of their purchases and pay the sales taxes. Few, however, do.One argument against the act is that customers have to pay a shipping fee that sometimes equals the sales tax. True. But that ought not relieve anyone of the responsibility of the tax owed. Having something shipped to your front door is a choice.Opponents also fear that the act would merely drive big Internet companies out of the country where the sales would be difficult to collect. Maybe, but the software states are supposed to provide the companies might solve that.Our Oklahoma small businesses -- the heart and soul of our economy -- deserve the same fair chance to thrive as do out-of-state companies. Our state, city and country governments -- which heavily rely on sales taxes -- deserve the money owed to them.This is not a tax hike. It is payment owed but ignored.Copyright: ___ (c)2013 Tulsa World (Tulsa, Okla.) Visit Tulsa World (Tulsa, Okla.) at www.tulsaworld.com Distributed by MCT Information Services迷你倉
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