"The proposed legislation before you today could bring in between 300 and 600 million in revenue in just one year. Imagine the good work that that money could go to in all of our districts."
"Meta, Google, TikTok, Microsoft and Amazon pull in around 90% of what's projected to be a trillion-dollar business in the coming years without paying taxes."
"If you buy a book of maps in Pennsylvania, you pay sales tax, but if you trade your personal data to allow advertisement sales through Google Maps, no tax is collected."
"While there are potential issues with Maryland's version, Pennsylvania putting it under an existing tax should hold up in courts."
A Pennsylvania Democrat proposes a bill to tax digital advertising, aiming to generate $300 to $600 million annually. State Rep. Elizabeth Fiedler argues that major companies like Meta, Google, and Amazon benefit without contributing to state revenue. Law professor Darian Shanske supports the bill, highlighting the disparity in taxation between physical goods and digital services. He notes that while traditional purchases incur sales tax, digital advertising revenue remains untaxed. The bill is currently awaiting a vote in the House Finance Committee.
Read at Audacy
Unable to calculate read time
Collection
[
|
...
]