[Lydiaswingert]

I've paid and received several cheques for online transactions. I would therefore advise an asterisk in lieu of a period.

ok
but if merchant is a real business and not a one-man show they'd have to still record that transaction.



If you guys think that tax is small potatoes, let me give you an example:

Let's take a small one-man show, a guy makes $3000/mo on his website.

Assuming 20% profit margin, that's $15000/mo in sales.

If the feds inact the tax, assuming average 6% that would be additional $900 expense.
So this guy's take home is now $2100/mo .

He just went from $15/hour to $10.50.