Ganim: State Should Pursue Internet Sales Tax
BRIDGEPORT – Bridgeport Mayor and Democratic candidate for governor Joe Ganim is calling for the use some or all of new Internet sales tax revenue to provide property tax relief for Connecticut cities and towns. A U.S. Supreme Court ruling yesterday allows states to collect sales tax from Internet companies without a brick and mortar location in that state. The ruling could mean up to $200 million dollars in new annual revenue for the state of Connecticut during difficult economic times. “This ruling is a huge victory for Connecticut. As governor, my first budget proposal next year would include provisions for collecting Internet sales tax on all purchases made in Connecticut, and that some or all of the money collected…
