If you are a small home business, you already know how often your needs are overlooked. But this time it might different — sort of. Retailers are asking for their own economic stimulus through a sales tax holiday. If your home business collects sales tax, this might help bring more customers who are willing to spend more when sales tax isn't added.
The plan, put forth forth by the National Retail Federation, calls for 10-day swaths of tax free shopping in March, July and October 2009. States would be reimbursed for lost revenue by the federal government. While this might help stimulate consumer spending, a better idea might be offer individuals a bailout.
What do you think of this economic stimulus plan?
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