Arizona could gain as much as $708 million in 2012 by taxing more Internet, Home Shopping Network, catalog and other out-of-state sales, according to the National Conference of State Legislatures.
The catch: It would have to greatly simplify its sales-tax structure, with changes approved by state and federal lawmakers.
The gain: That much additional revenue would go a long way toward helping Arizona tackle its deficit, which is estimated to range this year from $368 million to $1.3 billion, and could enable the state to reinstate services and planned projects.
It also would help “brick-and-mortar” retailers that invest in Arizona and provide jobs but have to charge sales taxes, putting them at a disadvantage against “remote” or out-of-state retailers that don’t.
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Tags: Arizona, Constitution, Death and..., Internet, Media, News Item, Taxes
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