New tax kills business, lowers tax revenue

Amazon says they will shut down their Amazon Associates program (in which people can advertise Amazon products and earn commissions) in North Carolina if its legislature goes through with a new tax on “digital click-throughs.” (Via Instapundit.)

If they don’t care about denying income to North Carolina residents during a tough time, they ought to care about hurting the state’s bottom line. Under current law, those commissions are already taxable income; under the new law, those commissions will cease to exist. Brilliant.

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