sales tax

A Taxing Decision

The Supreme Court says online retailers must collect sales tax.

Internet retailers across the country are bracing for the impact from yesterday’s 5 to 4 Supreme Court ruling recognizing the rights of states to collect taxes from e-retailers. It’s a big big win for the states and potentially a big loss for consumers. The decision overturns a 1992 Supreme Court precedent that blocked states from collecting sales taxes on companies…