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Opinion
Andrea Felsted

An Amazon Tax Won’t Stop Britain’s Retail Carnage

A levy on internet sales would only backfire and hurt everyone.

A pot of gold for the chancellor? Not quite.

A pot of gold for the chancellor? Not quite.

Photographer: Sean Gallup/Getty Images Europe

The carnage on the British high street from the likes of House of Fraser and Homebase naturally leads to calls for blood from internet retailing behemoth Amazon.com Inc. Enter Chancellor of the Exchequer Philip Hammond, who last week said he was strongly considering an “Amazon tax” to help retailers. Conservative Scottish lawmaker Ruth Davidson lent her support this week.

It’s a bad idea.