By Marc Heller
A former governor of Virginia joined the fight against legislation to boost sales tax collection on online sales, saying June 18 that states will not collect as much revenue as officials have claimed.
“This windfall isn't there,” former Gov. James Gilmore (R) told reporters at a news conference organized by opponents to the Marketplace Fairness Act (H.R. 684 and S. 743). Gilmore, governor from 1998 to 2002, is president of the Free Congress Foundation.
Gilmore, whose home state has an expanded role in the debate in Congress, said the top 100 online retailers already collect taxes on 83 percent of their sales, suggesting the revenue lost to state governments is less than the $23 billion annually that officials estimated in 2012.
“All you get is the bad, and not the good,” Gilmore said.
Virginia has set its multiyear highway budget on assumptions of sales tax revenue resulting from the Marketplace Fairness Act. Rep. Bob Goodlatte (R-Va.) is chairman of the House Judiciary Committee, which will consider the legislation.
The Senate passed its version, which closely resembles the House bill, May 6 by a 69-27 vote (88 DTR G-3, 5/7/13).The House bill has been referred to Goodlatte's committee, but he has given no indication when he may take up the legislation.
At the June 18 news conference, Sens. Rand Paul (R-Ky.) and Ted Cruz (R-Texas) spoke against the legislation, as did several Republican lawmakers in the House.
Cruz stressed the age of senators who supported S. 743, which was sponsored by Sens. Mike Enzi (R-Wyo.) and Richard Durbin (D-Ill.), suggesting younger lawmakers are more in touch with the issues surrounding taxation of internet sales.
All Bloomberg BNA treatises are available on standing order, which ensures you will always receive the most current edition of the book or supplement of the title you have ordered from Bloomberg BNA’s book division. As soon as a new supplement or edition is published (usually annually) for a title you’ve previously purchased and requested to be placed on standing order, we’ll ship it to you to review for 30 days without any obligation. During this period, you can either (a) honor the invoice and receive a 5% discount (in addition to any other discounts you may qualify for) off the then-current price of the update, plus shipping and handling or (b) return the book(s), in which case, your invoice will be cancelled upon receipt of the book(s). Call us for a prepaid UPS label for your return. It’s as simple and easy as that. Most importantly, standing orders mean you will never have to worry about the timeliness of the information you’re relying on. And, you may discontinue standing orders at any time by contacting us at 1.800.960.1220 or by sending an email to email@example.com.
Put me on standing order at a 5% discount off list price of all future updates, in addition to any other discounts I may quality for. (Returnable within 30 days.)
Notify me when updates are available (No standing order will be created).
This Bloomberg BNA report is available on standing order, which ensures you will all receive the latest edition. This report is updated annually and we will send you the latest edition once it has been published. By signing up for standing order you will never have to worry about the timeliness of the information you need. And, you may discontinue standing orders at any time by contacting us at 1.800.372.1033, option 5, or by sending us an email to firstname.lastname@example.org.
Put me on standing order
Notify me when new releases are available (no standing order will be created)