integrate 20 or more different software packages with our shopping carts and we have multiple different shopping carts. we used the e-bay platform. we use the amazon platform. we have back end systems. don t you think they ll integrate it themselves or no? no, we have to do the integration. and we have to test it on multiple different browsers, multiple different operating systems, phones, tablets. right. and as a small business, i mean, any bit of compliance is a lot, frankly. we estimate that our compliance cost is going to be over $300,000 in the first two years. for your company itself? yes. that involves the configuration of the software and testing of the software. that involves classifying into multiple different sales tax jurisdictions. you re a small business person, and you re in the bookstore business. you know what it s like to deal with hard times. so knowing with a you know, saying, you know, the online stores have an unfair advantage,
but having some empathy for this sure. do you still feel like, you know, we need to pass this because it is unfair? absolutely. and it s critical for states and municipalities to get revenues from the large online sellers, retailers, and one of the things that there s been some confusion about i think is this million-dollar figure. because a lot of people think it s a million dollars in sales, but it s a million dollars of remote sales. that means a million $dollars o online sales outside of the state in which you operate. so it really does not impact small online retailers. we do a little bit of online sales ourselves and it won t impact us at all. in terms of the compliance cost, kevin stated a very large number, but he s got a fairly large he s built up a fantastic, large business. i think that s why the number was as high as he mentioned. it will be interesting to see, you know, it pass in the senate, but the house, it s going to have a very, very tough
are unnecessary and expensive. the rules cover most farms that produce fruits and vegetables to be sold in the u.s. with detailed mandates about how they can be grown, harvested and packed. critics say they are most alarmed about the shear volume of record-keeping the regulations would require. producers must document preventative measures they take, show how they are monitoring compliance and keep track of any corrective actions for at least two years. according to the national federation of independent business, just one of the two rules would cost a medium size farm $13,000 a year in compliance cost. together the rules are expected to cost the industry as a whole $6 billion and generate more than 10 million hours of paperwork. critics say it could drive up produce cost and may create yet another round of unfunded mandates for american businesses. they are the ones that are going to end up filling out this paperwork, spending the time trying to meet these regulatory
he s just 411 votes short. i think it s the economic issues again. how do we restore confident and greatness by a climate of economic growth. it s true to our pay trotic that s going to invest in our own resources. an immigration policy that allows people to stay with a ph.d. or a master s. it s not creating prosperity to recognize that you can get desired benefits without creating a huge compliance cost. an education policy that reaches out to everybody. they have built a capacity. a fiscal policy that isn t just nuts when you re spending 40 krents on every dollar through
good evening, everyone. tonight, who let the attack dogs out? mitt romney, rick santorum and newt gingrich, these guys have a fundamentally different economic philosophy than we do. governor romney was more direct. let detroit go bankrupt. it s kind of amazinging. gingrich and romney and santorum, they don t let the facts get in their way. that was the first time he mentioned them by name and as you can see, he did so with joy. vice president came out swinging in a trip to the all important swing state of ohio speaking to his party s face. the industry s bailout is clearly a point of pride for the administration. it is a talking point you will hear a lot on the campaign trail for the rest of the year. just take a look at this clip from a 17-minute video the re-election campaign is debuting tonight. his advisers would ask where to begin, which urgent need would he put first. which is one, which is two, which is three, which is four, which is five? where do you start?