Author Topic: Massive Amazon Tax FAIL in Illinois  (Read 969 times)

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Offline bijou

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Massive Amazon Tax FAIL in Illinois
« on: March 21, 2012, 01:30:51 PM »
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Chicagoist reports that Illinois' attempt to force out-of-state, online-only retailers to collect and remit use tax where they advertise online with an "affiliate" based in-state has proved to be a massive failure:

    When House Bill 3659, otherwise known as the "Amazon Tax," was first passed in January of last year, state Sen. John Cullerton (D-6th), who co-sponsored the bill with state Rep. Pat Verschoore (D-Milan), boldly stated that "Illinois would generate an additional $150 million in much-needed revenues" under the new law. Skeptical of that huge amount of money (which would have been a more than 50% increase in use tax collected), we looked at the numbers and determined it was way off.  ...
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Offline thundley4

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Re: Massive Amazon Tax FAIL in Illinois
« Reply #1 on: March 21, 2012, 03:36:59 PM »


Just because this type of tax failed to produce more revenue in other states, didn't mean the same would happen in Illinois.  :sarcasm:

Liberal tax and spend politicians never learn.