eBay Compared to the Government & Taxes
Hundreds of eBay Inc. merchandisers say they have closed their online storefronts, and some took their listings elsewhere, in the wake of a controversial [6%] fee increase eBay began charging earlier in the week.This is of interest because the same phenomena occurs when government raises taxes. Substitute ‘government’ for eBay and ‘businesses’ for ‘online storefronts’ and it becomes more apparent how economic disaster occurs. What types of businesses are most hurt when government raises taxes?A list of more than 700 eBay stores that have closed so far can be found on a Web site created by Melinda Burnett, an eBay seller living in Atlanta.
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