Cyber Monday Sets Record
November 29th, 2007 by flanewsMore people are buying holiday gifts online.� Consumers spent more than $733 million� on Cyber Monday, the Monday after Thanksgiving.� Online retailers consider the day the start of the internet shopping holiday season.� The number represents a 21 percent increase over 2006.� But the Florida Retail Federation says the U.S. Congress needs to change sales tax laws.
�That is costing Florida about 2 billion, billion with a B, dollars a year.� So that needs to be changed,” said Rick McAllister with the Florida Retail Federation.� “Now, all those brick and mortar retailers who operate in Florida and have an online presence are collecting sales taxes, are remitting those to the state.� But those other online retailers who do not have a presence in Florida do not have to collect the tax that is owed by us as citizens of Florida.�
ComScore, the research firm that conducted the survey, also found that 60 percent of the money spent on Cyber Monday came from work computers.
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