Comments on: Illinois State Tax Revenues Drop Following Affiliate Nexus Tax

By: Jeannine Crooks

Jeannine Crooks — Sun, 18 Mar 2012 14:29:00 +0000

When Colorado enacted the law, they hoped to collect $5MM. In reality, they collected $20,000. Turning merchant websites into ad hoc tax collectors is not the answer.

By: DYSPEPSIA GENERATION » Blog Archive » Illinois State Tax Revenues Drop Following Affiliate Nexus Tax

Sat, 17 Mar 2012 22:34:43 +0000

[…] Read it. Illinois had an optimistic outlook when it passed House Bill 3659, which was the state’s affiliate nexus tax. Bill co-sponsor Senator John Cullerton anticipated the new would generate an additional $150 million in much-needed revenues. As the Chicagoist reported today, the reality looks far more grim. […]

By: Depock

Depock — Sat, 17 Mar 2012 22:25:00 +0000

lol, statists.

By: Michael

Michael — Sat, 17 Mar 2012 13:30:00 +0000

In reply to Brian Rinnot.

After the law went into effect was during the holiday shopping
time. This should have increased as retail sales are so much higher
during that period. I wonder how many jobs were lost by this? Affiliates who were based here just lost their income when Amazon and Overstock (alone with other companies) stopped working with them. The fallout is much higher than just the tax.

By: Neon2012

Neon2012 — Sat, 17 Mar 2012 13:04:00 +0000

In reply to Brian Rinnot. You're blinding yourself. Politicians who like to raise taxes often perform only a static analysis of tax revenues and get excited by the numbers. The reality however is dynamic. Businesses fight to remain viable and competitive so they choose to move elsewhere. When tax revenues go down during what is supposedly a period of economic recovery, it speaks volumes.

By: Brian Rinnot

Brian Rinnot — Sat, 17 Mar 2012 06:57:00 +0000

One six-month sample window doesn’t prove anything.