General Discussion Undecided where to post - do it here. |
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#36 |
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I've paid and received several cheques for online transactions. I would therefore advise an asterisk in lieu of a period. ![]() 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. |
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