KFDA - NewsChannel 10 / Amarillo News, Weather, SportsNM lawmaker wants to tax online purchases

NM lawmaker wants to tax online purchases

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ALBUQUERQUE, N.M. (AP) - A New Mexico lawmaker says one way to help the state pull itself out of a financial hardship is to tax online purchases.

This year, $30 billion wasn't spent in malls, it was spent online. New Mexico Rep. Eleanor Chavez of Bernalillo says some of that is tax money the state is losing out on.

Chavez is 1 of several lawmakers who will be sponsoring legislation this upcoming session that will allow New Mexico to tax online retailers.

Chavez tells KOAT-TV online purchases create unfair competition, so what lawmakers really want to do is level the playing field and at the same time help small businesses in the state.

 

Information from: KOAT-TV

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