#163: Online Sales Tax
Big-box retailers have long griped that untaxed online sales put them at a competitive disadvantage. Congress is exploring legislation to “level the playing field,” but will the solution be worse than any perceived problems caused by e-commerce? Supporters of bills like the “Marketplace Fairness Act” say that states and cities are being starved of lost revenue from Internet sales. But critics charge the bill would discriminate against Internet businesses with burdensome reporting requirements while allowing states and cities to tax people outside their borders. Is there room for common ground? What other approaches could Congress and the states pursue? Evan discusses with Steve Delbianco, Executive Director of NetChoice. For more info, see this op-ed.