Big corporations like Wal-Mart (sales: $450 billion) are backing the push for new revenue, since they don’t sweat e-tax collection that would burden smaller competitors. Also supporting the bill is Internet giant Amazon (sales: $60 billion), ...
Governments are better served by attracting Internet businesses rather than concocting new taxing schemes, but critics also propose more modest solutions for collecting taxes as commerce shifts to the Internet. Sen. Ron Wyden, D-Ore., for example, supports regional compacts where states with similar tax structures help collect one another’s taxes.
Such alternatives are worth studying. The Marketplace Fairness Act is not the answer.
The Detroit News