National Law Journal – “In Search of a Solution to the Internet Sales Tax Puzzle”
Chris Cox, a partner in Bingham McCutchen’s Costa Mesa, Calif., office who represents e-commerce group NetChoice, said the Marketplace Fairness Act wouldn’t level the playing field. He recommended that Congress take an approach he called “home rule and revenue return,” which would allow online businesses and their brick-and-mortar counterparts to follow only the sales tax rules of the states in which they are physically based.
“If [the Marketplace Fairness Act] were the only option, NetChoice would strongly prefer today’s system,” said Cox, who is a former U.S. Securities and Exchange Commission chairman and Republican congressman from California.