In many ways this is bad for commercial real estate. Those who depend on retail for an occupation.
Now would be a great time to add a national sales tax on all online purchases.
A national sales tax on internet purchases? Are you daft? I would completely agree with dumping the federal income tax for a national sales tax. But never just adding a national sales tax to internet purchases. You can’t stop progress. Online shopping is not going away. There are 100 good reasons to shop online. Less traffic, fewer car accidents, we use less gas, and we don’t have to pay for the overhead for brick-and-mortar stores.
Geez, no.
No thanks!
Yaaaaay - more taxes and regulations to comply with. Uh oh, someone is getting ahead in business......how dare they! Tax. Tax. Tax. That'll learn 'em to come up with lean business models and innovation.