Supreme Court rules states can tax Internet sales higher

Supreme CourtThis is listed as developing as of this writing so I don’t have a lot of background info on it, but states have evidently won the right to charge internet retailers a higher tax rate than brick and mortar establishments.

This could mean protectionist tax measures to keep local stores running, or more likely a new tax funnel for pork barrel projects that help out only a few people.

Will update this when I get more info.

[cnet]

Paul E King

Paul King started with GoodAndEVO in 2011, which merged with Pocketables, and as of 2018 he's evidently the owner. He lives in Nashville, works at a film production company, is married with two kids. Facebook | Google+ | Twitter | Donate | More posts by Paul | Subscribe to Paul's posts