The house bets on whether to plug the loopholes in the online sales tax

Absrtact: December 30 (Reuters)-The Republican Party has won a major election, thanks in large part to a big vote, according to a new China threat from the U.S. "Today's American Daily" website, published on December 8.

December 30 reported the United States today, "the United States daily" website December 8 released the United States Houston Jewelry Company Thunder Solomon's article "Local retailers face a new China threat," said the Republican Party won a major election, which largely benefited from small business support. However, if the Republicans are free to ignore the interests of ordinary American companies for the huge "online dealers" of China, the victory could lead to a sharp development in the direction of the party.

The authors say the house is now betting on whether to plug the loopholes in the online sales tax. This legally ambiguous area allows online distributors to circumvent the state's sales tax. When ordinary enterprises must pay sales tax and online distributors do not need to do so, the former has a substantial disadvantage.

The price advantage created for online distributors is 5% to 10%, at Texas State 8.25%. Faced with this advantage of getting government support, many small businesses are unable to compete with online competitors, and many small businesses are on the verge of collapse, paying the price of losing countless jobs.

At the time of the controversy, the authors say, the huge shadow of Alibaba Group is now looming. The big online dealer from China has just completed the largest IPO in Wall Street history and is preparing to enter the U.S. market. Alibaba Group will also not have to pay sales tax. This competitive advantage will be destructive. Alibaba Group will not enter the U.S. market like some small start-up companies. The group has traded more than Amazon and billion. When they operate in the United States at full throttle, if the U.S. government provides it with a 8.25% price advantage, then it will not be possible to contend with them.

The authors say he wants Congress to take the right steps to end the special treatment of similar companies like Alibaba Group before it is too late. The U.S. Senate has passed the Market Equity Act by a landslide of 69 votes to 27. Now it is up to the House of Representatives, the Republican majority, to do its job to save America's small businesses.

The author says he is engaged in the business of competing expectations. It is the spirit of small business owners that makes America unique. He is not asking for special treatment, nor is he asking the government to set up trade barriers and keep foreign opponents out of the door. Instead, he welcomed all the competitors at home and abroad, including Alibaba Group. The United States should be a land that provides opportunities for all.

However, today's legal provisions are just the opposite of protectionism. It makes it extremely foolish for foreign companies such as Alibaba to take the small business away.

The author says his 18-employee store is critical. Because the United States has thousands of such small businesses. They will all suffer the same fate. Imagine an empty storefront. What will it mean for unemployment, local taxes and real estate prices? This is not a wonderful scene. This is why Congress needs to exercise its responsibility to rectify this injustice.

The authors say House Republicans and senators in his state will have to make a decision-do they really want to see small American businesses compete with Alibaba Group when "one arm is tied behind"? Or will they return to rationality by restoring the basic free market competition by plugging the loopholes in the online sales tax so that people can compete in the same rules?

House Republicans have been supportive of fair and free markets in the past, and hope they still are. This holiday season is critical for hundreds of thousands of of small retailers.