internet sales tax

Business
4:26 pm
Fri October 18, 2013

Ill. High Court Invalidates 'Amazon Tax' for Sales

Credit Wikipedia

The Illinois Supreme Court is invalidating a two-year-old Illinois law charging taxes on certain Internet sales. The justices ruled 6-1 in an opinion released Friday to invalidate the so-called "Amazon tax."

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Government
3:03 pm
Thu May 23, 2013

Internet Sales Tax Bill Could Restore Some State Budget Cuts, Kentucky Group Says

Your online purchases could alleviate some of Kentucky's budget woes.

The federal legislation that allows states to collect sales taxes from more online retailers would benefit the Kentucky state budget, argues a policy group focused on economic policy.

If such legislation passed, Kentucky could gain $130 million to $200 million in revenue per year, the state's Blue Ribbon Tax Commission has estimated. That sort of money could lead to a restoration to programs that have recently been cut, including the child care subsidy for low-incoming, working families, says Jason Bailey, director of the Kentucky Center for Economic Policy.

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