Wayfair: Internet Sales Tax Discussion

The Supreme Court recently issued a momentous decision in Wayfair v South Dakota. In overturning a 26-year precedent, SCOTUS has opened the floodgates for states to impose sales tax on online purchases. While critics of the decision claim it will cripple small online businesses, supporters argue that it will allow states to recoup taxes already owed to them and allow traditional retailers to compete fairly with e-commerce companies.