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Transcripts for CNN Legal View With Ashleigh Banfield 20131203 16:43:00

Tax. it may not no longer be the case for everybody. because the u.s. supreme court on cyber monday said it is just not going to get involved in the state s efforts to force all of them to collect tax from you. we re not talking peanuts. it s estimated that states actually miss out on about $23 billion. that s just last year alone of uncollected taxes. half of them from online sales. and here with us business correspondent christine romans, and hln s legal analyst joey jackson. if you re a state, right, and you see someone say you re in new york andsying in their living room and they buy something or they drive amile away and they buy something online, you want the sales tax. now the supreme court is not going to not going to weigh into this debate where the web retailers say we don t think ....

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Transcripts for CNN Legal View With Ashleigh Banfield 20131203 16:45:00

Constitutionality. but you guys in congress, if you want you ve formality among states, that s up for you to decide. and new york state, of course, we have the online tax and that was challenged. it was upheld by the court of appeals. in illinois, however, they attempted to model a law right after new york concerning online retailers and it was struck down. that s why there was some hope whenever there s a sorts of a patch work of different states having different laws, the supreme court steps in. but they said, you guys in congress, you decide. and you re looking at a 20-year-old ruling. that guy. and online commerce has changed so much since then. back then we said don t tax it because it will kill the internet. no one is going to kill the internet. the internet lives. it thiefz. and i love the timing that this all happened yesterday on cyber monday. brilliant minds. thank you both. just ahead getting what you ....

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