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According to a 1992 Supreme Court decision, retailers do not have to
collect sales taxes when they ship goods into states were they don't
have a substantial physical presence, such as a retail store. So most
online retailers don't collect sales taxes on their sales via the Internet.
And a 1998 congressional act put a three-year moratorium on new Internet
taxes.
 With
the explosive growth of e-commerce sites, however, has come an increasingly
heated debate about the future of Internet taxes. Most governors and
state officials favor an Internet sales tax, fearing that without it,
they could lose up to $10 billion a year in revenue. Others -- including
some state and federal officials -- argue that taxing Internet sales
will stifle economic growth fueled by online purchases.
What do you think? Should
Internet sales be taxed? Should e-commerce be allowed to grow in a tax-free
environment?
Two experts take your questions about taxing sales over the Internet.
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