By George Anderson

A University of Tennessee study has projected that states will lose $26.6 billion this year and almost $55 billion in 2011 if the federal government does not repeal its moratorium on Internet transaction sales taxes. The moratorium in force expires in November 2003.

Moderator’s Comment: What is your position on Internet
sales being subject to state sales taxes? [George
Anderson – Moderator]

• UT
  study says states losing billions in tax revenues from internet sales – Zwire.com/
  Tullahoma News