“Can online retailers be compelled by law to collect a sales tax? According to the Supreme Court, no — but that could change if, in the next few weeks, it decides to take up a case challenging the current rule.The court should reconsider the prohibition, because the law takes a hammer to the fiscal health of states, which lose out on millions, if not billions, of dollars in sales tax revenue. Staggering amounts of digital transactions occurred this year: an estimated $6.59 billion in digital transactions on Cyber Monday (which would be a record), and an estimated $100 billion for the holiday season.Customers may be confused: Some online retailers do collect sales taxes, at least sometimes. Amazon, for example, collects them on Amazon transactions, but not on third-party-vendor transactions sold through Amazon.”
DL: Yes, yes, yes. It is crazy not to make all on line retailers pay sales tax, since they are gutting our retail stores where we work and live.
Here is a good comment I endorsed:
Joe Sparks Rockville, MD 14 hours ago
I agree that online retailers should be required to collect sales taxes.
I also think sales taxes should be abolished because they are regressive. Instead of having a bunch of taxes, sales, income, tolls, etc., I would only have progressive income taxes. (Loopholes would need to be eliminated.) These taxes would be based only on amount of income, not source of income. That means dividends, wages, capital gains, etc. would all be taxed the same. Unfair differences, such as carried interest would be eliminated. This would make the tax code simpler, better, and fairer.
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