It's about California wanting to pass a bill that would tax all Internet sales. Currently Calfornia residents only have to pay sales taxes on Internet purchases if company they ordered from have business operations in California. If the bill passes, then sales taxes would applied to all Internet purchases for those living in California. And the state's sales tax rate is one of the highest at around 9%.
How would this affect CJ though? Are they inticipating less online sales now? I was a little confused. Thanks.