Market Insider: Trump Praises Supreme Court Decision on Sales Tax

A Trump Organization representative did not respond to a request for comment from Business Insider on how the Supreme Court decision could affect TrumpStore.com. When New York was added to the list of states, a Trump Store spokesperson told Business Insider the online retailer has “always, and will continue to collect, report, and remit sales taxes in jurisdictions where we have an obligation to do so.”

Carl Davis, research director for the Institute on Taxation and Economic Policy, a non-partisan think tank, told Business Insider the Trump Store’s sales tax collection policy is “a textbook example of the problem that this ruling is meant to address.”

“Trump Store could have been collecting sales taxes on its bathrobes and slippers and golf balls all along, but it made a business decision not to do so and, until now, states had limited options for requiring tax collection,” he said. “Most states still need to pass laws or issue regulations that will allow them to use the expanded tax collection authority the court just granted. But once that happens, Trump Store and other internet retailers are going to have to start collecting sales taxes in states where they do a meaningful amount of business.” Read more

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