On this episode of Broad & High, Terry Allen’s Deer Sculptures, Jim Arter’s Life Within Art, Artist Profile: Mike Elsass, and The Heart Gallery. They’re just two deer, lounging on the banks of the Scioto River watching the world go by.
Online Sales Tax Collection At All-Time High
Online sales tax collections have hit an all-time high in Ohio this year.
The state has collected $45 million from out-of-state retailers in the 2014 budget year. That’s a 68 percent increase over the past five years.
The money is pouring in after Ohio officially joined a multi-state effort to streamline sales tax for online purchases.
The Ohio Department of Taxation estimates that the state stands to eventually tap into an estimated $308 million worth of tax revenue from online sales.
Still, Ohio doesn’t have legal authority to collect from online retailers who don’t operate in a physical location in the state, such as Amazon.
The result: Many buyers don’t get charged sales tax on millions of dollars’ worth of purchases.