Famous quote by Bill Delahunt

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Uncollected sales taxes on Internet purchases cost the states more than 16 billion in 2001
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"Uncollected sales taxes on Internet purchases cost the states more than $16 billion in 2001"

- Bill Delahunt

About this Quote

In this quote, Bill Delahunt is highlighting the significant impact of uncollected sales taxes on Internet purchases on state economies. He states that in the year 2001 alone, the states suffered a loss of over $16 billion due to the lack of collection of sales taxes on online purchases. This implies that the states were not able to collect the needed taxes from online merchants, leading to a substantial loss of earnings. This loss not just affects the state's spending plan and capability to money crucial programs and services, but it also creates an unreasonable advantage for online sellers over conventional brick-and-mortar stores. Delahunt's quote clarifies the urgent requirement for policies and regulations to address this problem and ensure fair tax for all services.

About the Author

Bill Delahunt This quote is written / told by Bill Delahunt somewhere between July 18, 1941 and today. He was a famous Politician from USA. The author also have 6 other quotes.

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