Q: How does ebaY get one outrageously sleazy news story off the front pages?
A: Supplant it with another farce.
EBay Chief Executive John Donahoe began emailing millions of users of the company’s online marketplace on Sunday in an unprecedented lobbying effort to change looming Federal sales tax legislation.
The e-commerce giant plans to send emails from Donahoe to at least 40 million eBay users, including most sellers on the marketplace. The first messages were sent out Sunday morning.
In the emails, Donahoe said the legislation, known as the Marketplace Fairness Act, unfairly burdens small online merchants and asked eBay users to send an email message to members of Congress asking for changes.
The legislation, due to be voted on by the Senate in coming days, gives states the power to compel retailers outside their borders to collect online sales tax. Currently, states can only require merchants with a physical presence within their borders to collect.
The legislation includes an exemption for merchants that generate less than $1 million in annual out-of-state revenue.
Pay careful attention to that last sentence which I bolded for emphasis. Also to the fact that Mr. Donahoe was just awarded an enormous increase in compensation. For most regular folks and small businesses, helping ebaY isn’t going to make a bit of difference. Except for ebaY.
Ebay has $Billions safely sheltered offshore to spend on lobbying. Let them spend it. They just made zillions off a terrorist attack, with bazillions more to go. They can afford it.
Donahoe’s internet tax plan idea would help the big greedy corporations like sleazebay that already don’t pay their fair amount of taxes, and the 1% hooligans like Donahoe, who say that people are just noise, and act like corporations are people.
Somehow I don’t believe Mr. Donahoe’s motives are altruistic. How many small Mom & Pop sellers has this guy killed off now in favor of big box types and various Bain related entities?
Remember the old saying about death and taxes? It’s coming to internet sales in one form or another. Face it. But if you believe that helping ebaY to avoid taxes is a good thing, I’ve got a bridge to sell you.