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Taxing online sales won’t save cities from the retail apocalypse

Liz Farmer  |  December 3, 2019

By Liz Farmer, includes “… States saw a 7 percent bump in sales tax revenue between June and September of this year over the corresponding period in 2018 … Lucy Dadayan says it’s most likely due to the increased collections from online sales. … Locally, however, it’s a different story. … But the increasing growth of online shopping has revenue implications for local governments beyond just the sales tax. The slow fade of physical stores extends to income and property tax collections. …”

Read the full article on: CityLab

 
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