Statement from Board of Equalization Senator Runnner on 'Amazon tax'

Board of Equalization Member Senator George Runner today issued the following statement in reaction to Governor’s Jerry Brown’s signing of the so-called “Amazon tax” budget trailer bill (Assembly Bill 28X): “Even as Governor Jerry Brown lifted his pen to sign this legislation, thousands of affiliates across California were losing their jobs. “Major out-of-state retailers like Amazon.com and Overstock.com are terminating their California affiliate advertising programs in response to this legislation. I’ve been warning for months that this would happen, but apparently these warnings fell on deaf ears. “The so-called ‘Amazon tax’ is truly a lose-lose proposition for California. Not only won’t we see the promised revenues, we’ll actually lose income tax revenue as affiliates move to other states.”