Buffalo News: Sales Tax Ruling Will Help Stores Compete Against Online Retailers
media mentionCarl Davis, research director at the Institute on Taxation and Economic Policy, a Washington think tank, was quoted in The New York Times saying, “State and local governments have really been dealing with the nightmare scenario for several years now.” He added that “this is going to allow state and local governments to improve their tax enforcement and to put local businesses on a more level playing field.”
The potential benefit to states, a federal report estimates: $33 billion a year in new tax revenue. We have some doubts about giving state governments that much more to spend, but the benefits to local retailers outweigh the dangers. Read more