Truman School of Public Affairs http://news.stlpublicradio.org en Report: Missouri Has Lost $2.3 Billion In Revenue By Not Collecting Taxes On Internet Sales http://news.stlpublicradio.org/post/report-missouri-has-lost-23-billion-revenue-not-collecting-taxes-internet-sales <P>It appears that Missouri has lost&nbsp;about $2.3 billion in revenue over the past nine years because it does not collect sales taxes on purchases made over the Internet.</P> <P>A report issued by the University of Missouri’s <A href="http://truman.missouri.edu/">Truman School of Public Affairs</A> says that averages out to around $468 million a year.&nbsp; <A href="http://house.mo.gov/member.aspx?district=81&amp;year=2013">House Minority Floor Leader Jacob Hummel</A> (D, St. Louis) says collecting taxes on Internet sales could help fund several critical needs, including K-12 schools.</P> <P>“I think if you look at just levels of school funding, when adjusted for inflation, we’re back at levels in the early (19)90’s," Hummel said.&nbsp; "Clearly this is a way to enhance revenue.” Wed, 02 Jan 2013 23:28:07 +0000 Marshall Griffin 7951 at http://news.stlpublicradio.org Report: Missouri Has Lost $2.3 Billion In Revenue By Not Collecting Taxes On Internet Sales