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The Communicators: Taxing Goods Sold over the Internet
Posted
July 24, 2011
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484
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July 24, 2011
484
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35:07Now PlayingOn The Communicators, Patrick Byrne, Chairman and CEO of Overstock.com, and Scott Peterson, Executive Director of Streamlined Sales Tax Governing Board, discussed whether products sold over the Internet should be taxed.
California began issuing such taxes in July, and at least 15 other states have imposed the tax or are considering doing so. To create an even playing field among the states, Senators Dick Durbin (D-IL) and Mike Enzi (R-WY) are working on legislation requiring retailers who sell on the internet to collect sales taxes.
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