The Internet tax debate was injected with a measure of reality this week as Forrester Research, Inc. claimed that local and state governments in the United States passed up $525 million (US$) in 1999 tax revenues from Internet sales.
It seems contradictory to me that on one hand the government is bragging about a tax surplus, yet complaining that billions of dollars will be ultimately "lost" in uncollected tax revenue.
I realize that state sales tax is different than income tax, yet the theory is the same. We are an overtaxed society. Our founding fathers established this country on the premise of a free society, not a taxation till death do us part.
Leave the internet alone. Let's encourage spending and allow the market forces themselves to determine prices and competitive structures.
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Report: $525M in E-tail Sales Tax Not Collected in 1999
Posted by: Mary Hillebrand February 25, 2000 12:00 AMThe Internet tax debate was injected with a measure of reality this week as Forrester Research, Inc. claimed that local and state governments in the United States passed up $525 million (US$) in 1999 tax revenues from Internet sales.
I realize that state sales tax is different than income tax, yet the theory is the same. We are an overtaxed society. Our founding fathers established this country on the premise of a free society, not a taxation till death do us part.
Leave the internet alone. Let's encourage spending and allow the market forces themselves to determine prices and competitive structures.
Paul