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43 States Support Internet Sales Tax
Posted By Jim On 06/05/2005 @ 6:29 pm In Government,Shopping,Taxes | 4 Comments
In a 9news article, I read that forty-three states support the idea of a sales tax for Internet purchases even if the vendor doesn’t have a presence in the state you are buying in. The system in place is voluntary and it’s called the Internet Tax Freedom Act, the coalition of states pushing to make it mandatory is called the Conforming States Committee. They estimate the loss to be around $16B!
Those politicians are always trying to squeeze every last penny out of us and then spending it in the most inefficient method possible.
I’m done ranting now.
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