SOUTH DAKOTA TO DECIDE WHETHER TO UPHOLD ITS DECISION ON INTERNET SALES TAX

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https://townhall.com/columnists/kenblackwell/2018/06/04/the-internet-sales-tax-a-threat-to-small-businesses-and-federalism-n2486978

With a number of critical decisions set to be released by the Supreme Court this month, one in particular could have wide-ranging impact on our economy and on the very principle of federalism. In South Dakota v. Wayfair, the Court will decide whether to uphold its earlier decision that states cannot force businesses to collect and remit sales taxes unless the businesses has a physical presence in their state. A bad decision from the court – as well as possible legislation from Congress – would lead to Internet sales taxes that harm hundreds of thousands of small businesses across the nation and change the very face of the Internet economy.–Townhall

Financial Commentator Alan Myers, Forensic Accountant, Federal Reserve System scholar, Constitutional Advocate.

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