Sales tax collections mysteriously lagging

According to a study by researchers from the University of Tennessee cited by the National Conference of State Legislatures, lost revenue from Internet sales for Mississippi was $303 million for fiscal year 2012, though other studies have contended that amount is inflated.

State Sen. Hob Bryan, D-Amory, agreed that lost revenue from Internet sales is hurting the state general fund, but said the issue has to be fixed on the federal level. Until then, he said there is little the state can do to collect the sales tax on Internet sales.

“That is a big can of worms,” Bryan said. “Supposedly, we are collecting everything we can collect without Congress changing the law.”

Daily Journal
11/22/15