Grossman Calls For Internet Sales Tax In Massachusetts
Mass. State Treasurer Steven Grossman is asking Congress to create some "Main Street Fairness." Grossman has written the chairman of the Senate Committee on Finance, asking him to support legislation that would allow states to implement internet sales tax laws. Grossman says online sales giants have a competitive advantage over Mass. retailers, because retailers must charge a sales tax, while online companies like Amazon do not.
Grossman says Mass. could have collected $387-million in additional sales tax revenue in 2011, if the Commonwealth had the ability to tax internet sales and other internet sellers.