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Amazon Tax Becomes Law in Illinois
(IRN)-Illinois retailers are cheering the governor's signing of the Main Street Fairness Act, which some call the "Amazon tax." Governor Pat Quinn signed the measure Thursday.

The idea is to force online merchants to collect sales tax, thus taking away an advantage they enjoy over physical stores. The measure has been particularly troubling to companies which serve as a go-between for the likes of amazon.com, which will apparently drop its agreements with such companies rather than mess with a sales tax.

David Vite, president of the Illinois Retail Merchants Association, says a web site, www.standformainstreet.com, aims to help those affiliate marketers.

Scott Kluth, founder and CEO of Chicago based CouponCabin, issued a statement that includes: "CouponCabin is actively exploring moving to Indiana. It's a shame we have to consider leaving our longtime home in Illinois, but we will do what is best for our business."

Kluth and another affiliate marketer, Tim Storm of Rockton based fatwallet.com, had appeared at the Capitol to speak out for a veto of the bill. Storm's company is near the Wisconsin state line, and he said then he is ready to head north. Says Vite:"No one has cried Argentina for those 10,000 employees who worked in local book stores and local record stores who've lost their jobs over the last five years."

(Source: Illinois Radio Network)
03 10 11 by Newsroom
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