There's is no immediate danger of large revenue loss for traditional retailers or state tax authorities. Online retail sales this year (1998) are expected to top $2.3 billion - a mere snowflake in the overall blizzard of retail activity. |
We have to acknowledge that individuals can face transition costs when trade barriers come down. |
We need reforms that will enable us to thrive in a dynamic, open, world market and not seek to shut our borders and go down a path proven to lead to reduced national wealth and overall lower standards of living. |