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Showing posts with label taxes. Show all posts
Showing posts with label taxes. Show all posts

Sunday, February 5, 2017

Washington State wants to outlaw bitcoin for marijuana industry

A new bill filed in the Washington State Senate is seeking to prohibit local marijuana businesses from using bitcoin.

Sponsored by Senators Steve Conway and Ann Rivers, SB 5264 seeks to amend some of the state’s rules governing the sale and distribution of marijuana products. The move comes more than four years after Washington voters passed a ballot measure legalizing marijuana in November 2012.

Under the proposed rule, businesses that work in the local marijuana industry would not be allowed to either pay for goods with digital currency or accept those kinds of payments from customers. The bill also includes a definition of "virtual currency" that explicitly targets "digital representation[s] of value used as a medium of exchange, a unit of account, or a store of value", but excludes the "the software or protocols governing the transfer".

Digital currency offers a unique opportunity for the legal cannabis industry to grow at its current rate and prepare for Federal legalization. Payments with credit card and digital currency are highly trackable, cash is not. If it is the state's wish to not be able to track cannabis payments, incentivize money laundering and keep the industry a step behind, then this bill would do just that.

Forcing the industry into cash is not only a bad idea, but creates significant risk for community and surrounding businesses. Being a high volume cash business with no banking options creates significant strain within the industry and creates a target for would-be criminals.

Furthermore, collection of taxes is difficult and time consuming when using cash. Digital currency poses a unique opportunity to track the cannabis industries payments leaving a fully auditable trail.

It's time we move into the future and tell Senator Conway and Rivers to not limit innovation, but to protect it. Allow cannabis businesses to use digital currency, move into the future and keep our communities safe.


To sign the petition

Monday, June 16, 2014

Defeat the Internet Tax Mandate

From RANDPAC:


Would you like to pay taxes to use services like Facebook, Google, iTunes, or Netflix?

How about paying even more taxes to help finance ObamaCare and other big-government boondoggles?

This could happen very soon, and it gets worse... much worse!

President Obama and the tax-and-spenders in Washington are gearing up to force through the Internet Tax Mandate.

Well, they aren't calling it that...

Those supporting this new tax hike and regulatory scheme are calling it the Marketplace Fairness Act in an attempt to hide its devious implications.

But make no mistake about it -- nothing about this big-government scheme is "fair."

The Internet Tax Mandate would allow states to force private companies to impose a sales tax on all online purchases.

This bill will create an online regulatory nightmare that will wreak havoc on small businesses to the benefit of large corporations and foreign competitors.

At a time when small businesses are already suffering under new regulations and higher taxes, the tax-and-spenders in Washington are gearing up to put them out of business altogether.

And to make matters worse, the politicians behind this scheme are plotting to sneak this through the House while you are enjoying your summer vacation.

Can I count on you to stand with us in the fight to keep the government from imposing a costly new tax scheme on the American people?

You see, instead of cutting spending to balance state budgets, the tax-and-spend politicians in both parties are looking to squeeze even more money from the American people.

And their plan is to force online retailers to moonlight as state tax collectors for all 50 states, regardless of whether or not they have a physical presence in the state.

This new type of sales tax bypasses current taxation restrictions and will open the door for even more taxation in the future.

I'll be fighting the Internet Tax Mandate the entire way, but I MUST have your support.

So please sign your "No Internet Tax" Petition to your representative TODAY.

And if possible, please chip in a contribution of $10 or $20 to help RANDPAC rally conservatives across the country to fight the tax-and-spenders.

We need to be lowering taxes, not raising them.

We need to get government out of the way so more jobs can be created, not have more government at the expense of the productive sector.

The last thing we need is more taxes, bigger government, and government control of the Internet.

You and I must protect our small business owners and our own pocketbooks from the tax-and-spenders in Washington.

It might seem like only a few pennies here and there, but it's much more than that.

The Internet Tax Mandate is the beginning of a larger government plan to take over the Internet.

And with President Obama throwing his weight behind this horrendous scheme, the fight just got a little bit tougher.

That's why it's vital you sign the "No Internet Tax" Petition IMMEDIATELY.

And I hope I can count on you to chip in a contribution of $10 or $20 to help RANDPAC endorse, support and elect constitutional conservatives to fight back against ANY new taxes.

You and I are running out of time to put together a solid defense against the Internet Tax Mandate.

So please take action TODAY.

This is a fight you and I can win if we stand together.

In Liberty,

Senator Rand Paul (R - Kentucky)

P.S. President Obama and his cronies are looking to tax and regulate the Internet.

You and I can stop him, but it will take all of the liberty-minded Americans we can reach.

So please sign your "No Internet Tax" Petition IMMEDIATELY.

And please chip in a contribution of $10 or $20 to help RANDPAC marshal conservatives nationwide through email, direct mail, online and social media ads.

Monday, May 19, 2014

Defeat the Internet Tax Mandate aka The Marketplace Fairness Act

From the National League of Taxpayers:

They are on the attack again.

And this time, members of both parties are the problem.

Of course, the only thing big-government politicians love more than spending your money is taking away more of it.

Are you prepared to pay taxes to use online services like Google, Facebook, Ebay or Netflix?

How about surrendering even more money to help finance ObamaCare?

If your answer is a resounding NO, then please keep reading.

President Barack Obama, Harry Reid, and unfortunately even a number of Republicans are looking at a new source of "revenue" through the Internet Sales Tax.

Of course, when tax-and-spend politicians introduce controversial legislation, they make sure to give it a name that'll be more receptive to taxpayers.

That's why they're calling it the "Marketplace Fairness Act" in an attempt to hide its obvious implications from you.

But make no mistake. Nothing about this big-government boondoggle is "fair."

You see, the Internet Sales Tax would hand the Federal Government massive new controls over state tax policies and set the stage for government at all levels to tax, regulate and track every transaction you make on the Internet.

The Internet Sales Tax would also create an online regulatory nightmare that will wreak havoc on businesses by forcing them to comply with 50 separate tax codes.

That's why it's critical you sign the petition DEMANDING my colleagues in the House and Senate vote "NO" on the Internet Sales Tax.

I'll give you a link in just a moment, but first, let me explain exactly what's at stake.

Tax-and-spend politicians are foaming at the mouth fantasizing about new spending programs they can create by using additional taxpayer dollars.

Today, instead of finding ways to cut spending and reduce taxes to get our economy going again, members of both parties are moving to squeeze even more money from the American people

Money that they intend to use in their efforts to fund and create more government programs like ObamaCare and Medicaid expansion.

The last thing we need is more taxes for the purpose of implementing more government.

That's why it's so critical you sign your No Internet Sales Tax petition.

And after you sign your petition, please chip in with $10, $15, or more to help fight back against the Internet Sales Tax right away.

The Internet is one of the greatest inventions of our time – and it's one of the last marketplaces where individuals can purchase goods and services with limited government intrusion.

That's why I hope you will help today in keeping the Internet as free from government interference as much as possible.

You see, under the Internet Sales Tax:

*** Obama's Federal Government will use the IRS to force online retailers to pay for their new revenue scheme, all while raising costs for consumers.
*** Tax collectors in one state will have the backing of the Federal Government and the IRS to pursue retailers across state lines.
*** Many of your favorite sites will be flooded out of business due to a tidal wave of new and higher taxes and regulations that threaten the Internet as we know it.

We should be lowering taxes, Ray. Not raising them.

But that will not happen unless I receive your support.

Will you stand by while Obama's IRS and big-government politicians in both parties continue to dig their hands in your pocket?

Or will you sign your No Internet Sales Tax petition telling your Congressman and Senators ENOUGH is ENOUGH?

And after you sign, please consider sending your maximum contribution of $100, $500, or $35 to help me mobilize Americans in our fight against the Internet Sales Tax.

If we don't stop the Internet Sales Tax scheme, every consumer in the country will feel the crippling effects as Congress takes a massive chunk out of American prosperity.

Your support will help alert hundreds of thousands of Americans on the nature of this battle, all while putting pressure on my counterparts in the House and Senate, demanding they vote NO on the Internet Sales Tax.

That's why your support is crucial.

This won't be easy.

But your support is what we need to win.

Please act IMMEDIATELY.

Sincerely,

Steve Stockman
United States Congressman

P.S.are you prepared to pay taxes to use online services like Google, Facebook, Ebay or Netflix?

How about surrendering even more money to help finance ObamaCare?

If your answer is a resounding NO, then please sign your No Internet Sales Tax petition right away.

And after you sign your petition, please consider chipping in $100, $50, or $35 to help mobilize Americans in our fight against the Internet Sales Tax.

Thursday, March 13, 2014

Fight the Internet Tax Mandate

From the National League of Taxpayers:

They are on the attack again.

And this time, members of both parties are the problem.

Of course, the only thing big-government politicians love more than spending your money is taking away more of it.

Are you prepared to pay taxes to use online services like Google, Facebook, Ebay or Netflix?

How about surrendering even more money to help finance ObamaCare?

If your answer is a resounding NO, then please keep reading.

President Barack Obama, Harry Reid, and unfortunately even a number of Republicans are looking at a new source of "revenue" through the Internet Sales Tax.

Of course, when tax-and-spend politicians introduce controversial legislation, they make sure to give it a name that'll be more receptive to taxpayers.

That's why they're calling it the "Marketplace Fairness Act" in an attempt to hide its obvious implications from you.

But make no mistake. Nothing about this big-government boondoggle is "fair."

You see, the Internet Sales Tax would hand the Federal Government massive new controls over state tax policies and set the stage for government at all levels to tax, regulate and track every transaction you make on the Internet.

The Internet Sales Tax would also create an online regulatory nightmare that will wreak havoc on businesses by forcing them to comply with 50 separate tax codes.

That's why it's critical you sign the petition DEMANDING my colleagues in the House and Senate vote "NO" on the Internet Sales Tax.

I'll give you a link in just a moment, but first, let me explain exactly what's at stake.

Tax-and-spend politicians are foaming at the mouth fantasizing about new spending programs they can create by using additional taxpayer dollars.

Today, instead of finding ways to cut spending and reduce taxes to get our economy going again, members of both parties are moving to squeeze even more money from the American people

Money that they intend to use in their efforts to fund and create more government programs like ObamaCare and Medicaid expansion.

The last thing we need is more taxes for the purpose of implementing more government.

That's why it's so critical you sign your No Internet Sales Tax petition.

And after you sign your petition, please chip in with $10, $15, or more to help fight back against the Internet Sales Tax right away.

The Internet is one of the greatest inventions of our time – and it's one of the last marketplaces where individuals can purchase goods and services with limited government intrusion.

That's why I hope you will help today in keeping the Internet as free from government interference as much as possible.

You see, under the Internet Sales Tax:
*** Obama's Federal Government will use the IRS to force online retailers to pay for their new revenue scheme, all while raising costs for consumers.
*** Tax collectors in one state will have the backing of the Federal Government and the IRS to pursue retailers across state lines.
*** Many of your favorite sites will be flooded out of business due to a tidal wave of new and higher taxes and regulations that threaten the Internet as we know it.

We should be lowering taxes. Not raising them.

But that will not happen unless I receive your support.

Will you stand by while Obama's IRS and big-government politicians in both parties continue to dig their hands in your pocket?

Or will you sign your No Internet Sales Tax petition telling your Congressman and Senators ENOUGH is ENOUGH?

And after you sign, please consider sending your maximum contribution of $100, $500, or $35 to help me mobilize Americans in our fight against the Internet Sales Tax.

If we don't stop the Internet Sales Tax scheme, every consumer in the country will feel the crippling effects as Congress takes a massive chunk out of American prosperity.

Your support will help alert hundreds of thousands of Americans on the nature of this battle, all while putting pressure on my counterparts in the House and Senate, demanding they vote NO on the Internet Sales Tax.

That's why your support is crucial.

This won't be easy.

But your support is what we need to win.

Please act IMMEDIATELY.

Sincerely,

Steve Stockman
United States Congressman

Tuesday, February 18, 2014

Defeat the Internet Tax Mandate

From Campaign For Liberty:

Harry Reid and big-spending, high-tax statists in BOTH parties have already RAMMED the National Internet Tax Mandate through the Senate.

And without C4L members' continued action, it could be gaveled through the House and sent to Barack Obama’s desk for his guaranteed signature.

So it’s absolutely critical you sign the petition I've made up for you DEMANDING Judiciary Committee Chairman Bob Goodlatte, House Speaker John Boehner and Majority Leader Eric Cantor KILL the National Internet Tax Mandate in the House.

I'll give you the link shortly, but first let me explain exactly why this is so important...

Currently, because of the Founders' vision for our country, states are "laboratories" - free to set their own tax policies.

High-tax, big-spending, highly regulatory state governments send businesses and citizens alike fleeing across state lines in search of more liberty.

But under the National Internet Tax Mandate scheme, the statists are setting the stage to bring it all to a crashing halt.

Under the National Internet Tax Mandate:

*** All Americans would pay more for the “privilege” of shopping online, as big-spending governors of BOTH parties work with the federal government to implement the Mandate.

Big-spending governors are running their states into bankruptcy, and - instead of reducing spending - they want Congress to force YOU to bail them out with Internet sales tax revenue!

*** Tax collectors in one state would now be free to pursue retailers across state lines.

For example, if a customer in New York makes a purchase from an online retailer in Texas, that retailer MUST collect New York's exorbitant sales taxes and send them to New York's tax collection agencies;

*** New and higher taxes would CRUSH economic growth and set the stage for massive new regulations that threaten the very existence of the Internet.

Make no mistake.

This is all bad enough on its face.

But it's hardly the end of it.

You and I both know, under the guise of "national security," establishment bureaucrats are already feverishly looking for new ways to trace, track, and register all Americans' online activity.

What you read. What you buy. What videos you watch. What you write about THEM.

Now the one-world socialists at the United Nations want in on the action, as well.

In fact, the U.N. has already drafted a new "Telecommunications Treaty" to impose restrictive regulations, global CENSORSHIP, and a massive new tax on all Internet operations.

If ratified by the United States Senate, the United Nations' Treaty could give control of the Internet to U.N. bureaucrats.

Ultimately, the U.N. hopes to use this scheme to take a tax bite out of the TRILLIONS of dollars exchanging hands via Internet commerce - money that will make the U.N. a true world government.

And this National Internet Tax Mandate is playing right into their hands.

That's why it's so critical you sign your No Internet Tax petition and make your most generous contribution of $100, $50, or $35 to C4L IMMEDIATELY.

Even if you can only chip in $20 or $10, it will make a tremendous difference.

Just like the Wall Street bailouts and the "deal" over the debt ceiling during the so-called "government shutdown," this National Internet Tax Mandate is "bipartisan" to its core.

And statists in BOTH parties are determined to RAM this scheme into law.

Governors from all over the country who literally CANNOT wait to get more tax money are busy bending the ears of Congress.

And with big spenders in BOTH parties lining up in support of increasing government control over the Internet, I’m afraid this legislation - or some sort of so-called "compromise" - could make it through the House unless you act today.

Will you stand by while the big taxers grab yet more tax dollars from hardworking Americans?

Do you simply shrug your shoulders at the thought of United Nations global socialists shutting down the free flow of information worldwide?

Or will you help me FIGHT BACK?

Please take a moment to sign your petition DEMANDING Bob Goodlatte, Eric Cantor, and John Boehner kill the National Internet Tax IMMEDIATELY.

And if you can, please make your most generous contribution to C4L TODAY.

Your generosity will help me alert hundreds of thousands of Americans to this critical fight and stop the National Internet Tax Mandate.

C4L will use mail, email, and hard-hitting Internet ads - and even newspaper, radio, and TV ads, if necessary.

And with the fight going on right now, this won't be cheap.

But it will be what it takes to win.

During the Senate fight over the National Internet Tax Mandate, Campaign for Liberty generated phone calls and thousands of petitions in opposition to taxing the Internet.

When the fight began, the statists thought they could ram their bill through the Senate with as many as 90 votes.

Capitol Hill insiders have told me and my staff that Campaign for Liberty's efforts were the key to changing the minds of many senators and making sure the bill passed in the Senate with far fewer votes than expected - greatly helping stall the bill's momentum.

If you and I can generate this type of massive pressure on the U.S. House, I'm confident we can DEFEAT the statists' attempt to get more of your money through the Internet.

So in addition to signing your petition, won't you please agree to your most generous contribution of $100, $50, or $35 IMMEDIATELY?

Even if all you can do is chip in $10 or $20 to this fight, please do so right away.

There's no time to waste.

In Liberty,

John Tate
President

P.S. Members of BOTH parties in Congress are working to unleash a new National Internet Tax Mandate.

If passed, the National Internet Tax Mandate would hand the federal government massive new controls over state tax policies, setting the stage for government at all levels to take another helping of your money via the Internet.

That's why it's critical you sign the petition DEMANDING House Judiciary Committee Chairman Bob Goodlatte, House Speaker John Boehner, and Majority Leader Eric Cantor kill the National Internet Tax Mandate. And please make your most generous contribution of $100, $50, or $35 to C4L IMMEDIATELY.

Even if all you can do is chip in $10 or $20 to this fight, please do so right away.