Thursday, October 20, 2011

Amazon taxes are not the solution

Veronique de Rugy argues that there are at least two problems with the so-called "Amazon tax", which would require internet retailers to collect sales taxes based on the locations of their customers.  One important point is that the bulk internet sales are not from Amazon but from small retailers, who would be hard-pressed to handle the burden of collecting sales taxes given "the complexity and cost associated with dealing with a hodge-podge of regulations and tax rates in 50 states and local municipalities."