Internet tax is coming - States to make money grab


iconIt looks like an internet sales tax is on the way. Dozens of states are ticked off that they have been thus far unable to tax internet sales that cross state lines. But what is most disturbing is their whole attitude about taxation.

At stake for the states is potentially billions of dollars a year in revenue that is currently going uncollected. A study released last July by the National Governors Association and the National Conference of State Legislatures estimated that state and local governments lost $15.5 billion to $16.1 billion in 2003 in revenue from untaxed Internet sales.
That's right, if you buy a DVD from a guy in another state and don't mail in your 50-cents tribute, the states are somehow losing money.



Comments (2)      top   link me

Comments

All money belongs to the government; after all, they printed it. We just use it at their leisure.

Posted by: Brian J. at January 31, 2005 8:10 AM

I would be interested to know how shipping companies (US postal, fedex, the brown trucks) pay taxes to states. Gasoline taxes? Property taxes? Income taxes? Business licenses? Vehicle taxes?

Is it possible the states are garnering other taxes in lieu of "sales" taxes due to internet sales?

Seriously, do you know of any sources for this sort of economic analysis?

Posted by: cj at February 1, 2005 11:54 PM

(c) Ravenwood and Associates, 1990 - 2014

About Ravenwood
Libertarianism
Libertarian Quiz
Secrets o' the Universe
Email Ravenwood

reading
<Blogroll Me>
/images/buttons/ru-button-r.gif

Bitch Girls
Bogie Blog
Countertop Chronicles
DC Thornton
Dean's World
Dumb Criminals
Dustbury
Gallery Clastic
Geek with a .45
Gut Rumbles
Hokie Pundit
Joanie
Lone Star Times
Other Side of Kim
Right Wing News
Say Uncle
Scrappleface
Silflay Hraka
Smallest Minority
The Command Post
Venomous Kate
VRWC


FemmeBloggers


archives

search the universe



rings etc

Gun Blogs


rss feeds
[All Versions]
[PDA Version]
[Non-CSS Version]
XML 0.91
RSS 1.0 (blurb)
RSS 2.0 (full feed)
 

credits
Design by:

Powered by: Movable Type 3.34
Encryption by: Deltus
Hosted by: Bluehost

Ravenwood's Universe:
Established 1990

Odometer

OdometerOdometerOdometerOdometer