States given the OK to collect online sales tax

Posted at 10:02 PM, Jun 21, 2018
and last updated 2018-06-22 00:02:19-04

(NBC News) The Supreme Court ruled Thursday that states can now require online businesses to collect sales tax, even if that business doesn’t have a physical footprint there. 

"The internet has had an unfair advantage against stores for a number of years. And it’s really hurt main street,
it’s hurt large retailers, and it’s just leveling the playing field," says Enjoy CEO, Ron Johnson. 

The Supreme Court is reversing a previous decision dating back to the days when shoppers flipped through catalogs instead of swiping through computer screens. 

One government estimate says states stand to reap up to $13 billion in new revenue. 

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