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By PBN Staff
Massachusetts State Treasurer Steve Grossman recently said that the Bay State could see a $339 million windfall by collecting state sales tax on online transactions, according to the Statehouse News Service.
He said that collecting the tax from online retailers was a matter of fairness, noting that Main street retailers were at a disadvantage when compared to online sellers, including Amazon.com, that are not required to collect the tax unless they have physical operations (what is termed a nexus) in a given state.
There is talk in Washington, D.C., of passing a law that would require all online transactions to be taxed as those performed made offline.
Do you think Rhode Island should be collecting sales tax on online transactions?