County leaders in Central New York believe a Supreme Court decision could be a windfall for them.
In a 5-4 decision Thursday, the U.S. Supreme Court overturned previous decisions that prevented states from collecting sales tax from online sellers in some cases. Now the door is open for states to pass laws requiring sales tax collection in these cases.
If New York passes such a law, it would see additional sales tax revenue and so would counties, which split sales tax dollars with the state. This is an opportunity local county leaders are welcoming with open arms.
“I am encouraged by the Supreme Court’s ruling,” Onondaga County Legislature Chairman Ryan McMahon said Thursday. “Leveling the playing field on Sales tax collections is important to our local business as well as Counties throughout New York State. I encourage the New York State Legislature to take this issue up in 2018.”
“We are certainly supportive of the Supreme Court decision,” added Eric Mulvihill, Clerk of the Cortland County Legislature. “If New York State moves forward to collect sales tax from all online retailers, Cortland County residents would stand to benefit.”