Illinois isn't having much luck patching the $169-million leak in state coffers from Internet sales taxes that go uncollected.Taxes have consequences.
It tried the honor system, with a reminder on income tax forms to prod individual taxpayers to pay up. Though compliance doubled, just 4.6% of taxpayers did so, paying $10.2 million.
Getting Internet retailers to collect sales taxes from customers doesn't look any more promising.
Monday, September 12, 2011
Illinois' bid to collect sales taxes on Internet shopping comes up empty
Crain's Chicago Business reports:
