Economic nexus is now pretty much the law of the land for all states with a statewide sales tax. But what has been the impact on states?
States – and their cities and towns that receive portions of their sales tax revenue – have scored big. In fact some would say they are seeing green! Revenues and now their localized payouts are reported to be way up, from New York’s Long Island and California’s Pacific coast to towns like Bentonville, AR, Calhoun, GA, and Kingsport, TN revenues from sales tax collection are higher than ever
Source: taxconnex.com
