Not only do I not like the tax increase, I thoroughly dislike that an unelected agency is making these arbitrary decisions instead of the legislature.
The Department of Revenue’s administrative rule to allow the state to begin collecting the sales tax on some online transactions will include an exemption for smaller retailers.
The DOR’s announcement yesterday is consistent with the U.S. Supreme Court ruling that cleared the way for states to begin collecting the sales tax from online and remote sales involving retailers with no physical presence in their states.
That means retailers must have annual sales of at least $100,000 in Wisconsin or at least 200 transactions before having to collect the sales tax.
The Walker administration told WisPolitics.com on Monday that it planned to begin collecting the tax Oct. 1 and was in the process of notifying retailers.
The Legislative Fiscal Bureau on Monday released a memo projecting the state could collect an additional $90 million in the current fiscal year if it began collecting the tax Oct. 1. It would then bring in an estimated $120 million annually.