Quote:
Originally Posted by tubemonkey
The shortfall is usually the fault of our legislators who reallocate funds for purposes they were never intended for. Use tax shortfall is a drop in the bucket compared to the former.
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In my state the estimated losses are estimated to be around $150 Million per year, which is far more money than we will be spending on hotly debated sports stadiums. In Florida it is estimated to be up to $800 Million. Not to mention the ripple effect of local sales lost due to a competitive disadvantage.
It is a significant problem that has to be made up somewhere, it can't be swept under the rug and ignored. Online retailers should not be granted a free pass on tax collections that local retailers cannot.
Of course that is just my opinion and I really don't want to get into a long-winded debate about it here, so I won't be adding anything else.
EDIT: Sorry Harry, I was composing when you posted. I am done now anyway though.