Las Vegas Sun

November 15, 2009

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Editorial: Let’s close unfair ‘Net tax loophole

Wednesday, April 11, 2001 | 8:23 a.m.

It's estimated that by 2003 Nevada could miss out on $125 million in lost sales tax revenues if Internet purchases still are exempted. So Assembly Taxation Committee Chairman David Goldwater has introduced legislation that would allow Nevada to join other states in starting a system to collect Internet sales taxes.

This would be a step in the right direction, but it should be noted that Congress could make things right immediately by ending this loophole. Not only should individuals pay their fair share of taxes -- including those that include Internet sales -- but brick-and-mortar stores that do collect sales taxes should no longer be put at a competitive disadvantage with their Internet rivals.

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