In the midst of a growing number of states seeking to impose new taxes on Internet-based enterprises, Texas Governor Rick Perry earlier this month vetoed a proposed Internet state sales tax.
The Star-Telegram reports that “Texas store owners have said Internet retailers have an unfair price advantage because they are not required to collect state sales tax.” This is true: The brick-and-mortar stores are at a disadvantage. But the solution is not to institute a sales tax on Internet businesses but to begin repealing the sales taxes on all businesses.
Kudos to Gov. Perry for the veto.