Illinoisans Ordering Online May Soon Have To Pay Sales Tax
If you're an avid online ordering guru and love getting deals and not having to pay sales tax, your days are numbered.
Soon Illinoisans may be paying for sales tax for any of their online orders.
The U.S. Supreme Court just ruled 5 to 4 in agreement that any of our states can force it's residents to pay sale tax on anything ordered online. (PBS.org)
Oh goodie for us.
You know our state is rubbing it's hands together and giggling over all the money they're going to be bringing in with this. You know that Illinois isn't going to pass up a chance to get this money. Our state has been so broke it needs every dime it can scrape together.
Ok, Maybe I'm being a bit biased. But I'm not thinking I'm totally wrong with this? Time will tell if our state jumps on this.
According to NBC News, the high courts ruling "broke with 50 years' worth of legal rulings that barred the states from imposing sales taxes on most of the purchases their residents make from out-of-state retailers."
The downside of this ruling is that online retailers like Amazon or even "eBay warned that taxing Internet sales would place "crushing burdens on small online businesses, causing many to curtail operations and damaging the national economy."
This bad news for us, the consumers, and for the little businesses too.