Oklahoma lawmakers propose taxing new bill on online sales
Andrew Moylan, executive director and senior fellow of the R Street Institute, says the proposed bill makes “mincemeat” of tax policy.
“Oklahoma’s Internet sales tax bill makes mincemeat of the ‘physical presence’ standard, a common-sense principle that says the state can only impose tax obligations on businesses that are located in the state,” Moylan said. “This bedrock principle protects businesses and taxpayers from aggressive tax collection by states where they have no significant connection.
“The supposed upside is a small amount of additional revenue, but in a classic case of the cure being worse than the disease, the downside is a future where state tax powers have no geographical limits and any tax collector can target any business nationwide,” Moylan said.
