It looks like an Internet sales tax has been given the go-ahead. Great. Just what America and consumers need, yet more taxes.
Interestingly some pundits have been arguing that this will somehow hurt Amazon, the giant online retailer. This is incorrect as Amazon has been preparing for an Internet tax for years and likely will benefit from such a tax as smaller retailers will now be hamstrung with compliance costs.
We’ve been covering this topic for a while.
This is a statement from Grover Norquist at Americans for Tax Reform.
“Today the Supreme Court said ‘yes—you can be taxed by politicians you do not elect and who act knowing you are powerless to object.’ This power can now be used to export sales taxes, personal and corporate income taxes, and opens the door for the European Union to export its tax burden onto American businesses—as they have been demanding.
If physical nexus is no longer required, as the Quill vs. ND case demanded, for sales taxes then it is no longer required for personal or corporate income taxes.
Now, California (or any state or city that loses population through exit) can tax people and businesses who do their best to avoid that state or city.
We fought the American Revolution in large part to oppose the very idea of taxation without representation. Today, the Supreme Court announced, ‘oops’ governments can now tax those outside their borders—those who have no political power, no vote, no voice.”