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Enzi Seeks To Recover Tax Revenues

July 18, 2012 State of Wyoming No Comments
Enzi

Wyoming’s US Senator Mike Enzi would like to level the playing field between local retailers and online merchants through the use of the Marketplace Fairness Act he is proposing.  Enzi explains that The Act would give state and local governments the ability to collect sales tax on out-of-state, catalog and online sales. No state would be forced to collect the sales tax, but would have the authority to make this decision if they so choose. Enzi says it’s a conversation state residents and their state legislators should be able to have.  Under the proposed legislation, Enzi says sales taxes would go directly to state and local governments, bringing in needed revenue for maintaining schools, fixing roads and supporting local law enforcement.  If sales over the Internet continue to go untaxed and electronic commerce continues to soar, he says revenues to state and local governments will plummet; and the federal government does not have the money to help states.    The Marketplace Fairness Act is bipartisan legislation that is supported by Republican and Democrat governors, state legislators, and local officials nationwide, and Enzi says it could provide $23 billion in local fiscal relief at a time when state budgets are hurting.

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