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California, New York Tax Regs Make Online Sellers Sweat (1)

May 6, 2022, 6:49 PMUpdated: May 7, 2022, 1:02 AM

This week in state tax news: California and New York are taking tax positions killing a federal law that has largely shielded out-of-state retailers from state income taxes for more than 60 years. Meanwhile, the Supreme Court declined to intervene in a dispute over billboard taxes as an infringement on free speech. And, Colorado, Connecticut, and Florida took steps to cut taxes.

A lot of stand-up comedians have earned their livings pointing out differences between California and New York, but the two states recently agreed on an income tax policy that comes as no laughing matter to thousands of ...