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Competitive Enterprise Institute Associate Director of Technology Studies Ryan Radia joins The Heartland Institute’s Budget and Tax News managing editor Jesse Hathaway to talk about the Marketplace Fairness Act, a proposed “Internet sales tax” receiving heated debate during the recently concluded past session of Congress.
Had the Marketplace Fairness Act been passed into law, Radia explains, consumers and small business owners would have been impacted greatly by the bill, as it would have enabled governments to collect taxes from citizens otherwise outside of their jurisdiction. Radia also explains what 2015 may hold for this “zombie idea,” cautioning that state governments may attempt to implement this tax scheme through other means.