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There's no reason why a billion dollar company eBay should be given a tax advantage over over your local small brick-and-mortar shop. Those taxes pay for all of your local services from running schools to taking out your garbage. Also if you're a merchant doing less than a million this law doesn't apply to you.
No one likes paying taxes, but we all like the benefits (SS, roads, libraries).

I don't see why online businesses are exempt from sales tax, while the corner store or Walmart is not.

I certainly enjoy getting things cheaper through Amazon, but I cannot defend the lack of tax I pay by using their site.