Wayfair Revenues Come Well Short of Promises

Many states looked forward to a windfall of internet sales tax revenue in the wake of last year’s Supreme Court case that expanded their taxing power, but nationwide, budget projections are coming up billions of dollars short. The massive expansion of taxing power hasn’t led to big tax receipts for state governments, even as thousands of small businesses across the country now have to comply with more onerous tax filing administrations. 

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