More Internet Tax
Tennesseans who shop on the Internet should pay sales tax when they purchase an item, but most don’t.
The state doesn’t enforce it. And the federal government doesn’t require online retailers to collect the tax.
More from WATE:
In 2001, state and local governments lost about $362 million in e-taxes. That is expected to exceed $1 billion by 2006
Note the colorful use of language, particularly the word lost. The government didn’t lose money, it just didn’t generate as much as it thought it would. As Bubba and Bill Hobbs are fond of pointing out, it sounds like the problem is with the guys that do the projections.
Of course, me and the Mrs. buy stuff online all the time to avoid paying sales tax.
