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Monday, February 27, 2012
SB2226: $25M Internet Tax
By Grassroot Institute @ 2:26 PM :: 6332 Views :: Energy, Environment

Hawaii Lawmakers Again Aiming to Tax E-Commerce Sales 

From Grassroot Institute

SB 2226 has passed through committee in the State Senate and is on its way to a vote.

SB 2226 seeks to recoup approx. $25 million annually lost through untaxed internet sales.

If passed, Hawaii would join with 24 other states in the "Streamlined Sales Tax Project".

A similar bill passed the legislature in 2009, but was vetoed by then-governor Linda Lingle.

The Tax Foundation of Hawaii cautions that this tax money is not "free money" and would come directly out of the pockets of Hawaii consumers.

Essentially, SB 2226 is an attempt to force out of state retailers to have to pay state sales taxes.

Is this what the state truly needs: an additional burden on Hawaii consumers?

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LINK: Bill text, status SB2226 SD1

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