Internet sales tax
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  1. #1
    Join Date
    Mar 2000
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    Exclamation Internet sales tax

    Senate passes Internet sales tax bill by 2-to-1 margin

    Marketplace Fairness Act, which would allow states to levy taxes on Internet purchases, now moves on to the House of Representatives for consideration.

    The U.S. Senate on Monday approved a controversial bill by more than a 2-to-1 margin that would allow states to levy taxes on Internet purchases.

    The Marketplace Fairness Act, which would allow states to require online vendors to collect sales and use tax on certain out-of-state purchases, was approved in a bipartisan vote of 69 to 27. The bill, which already has the support of President Obama, will now move on to the House of Representatives.

    If approved, the bill would overturn a 1992 Supreme Court ruling that found out-of-state retailers generally don't have to collect taxes unless they have a sufficient business presence. The bill, officially known as S.743, does include an exception for businesses that make under $1 million a year in revenue.

    Backers of the bill, including Walmart, Macy's, and Best Buy...


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  2. #2
    Join Date
    Aug 1999
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    Dang it Shima, stop posting all these depressing news stories!!!
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  3. #3
    Join Date
    Mar 2000
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    Sorry, but at least people will not be surprised if/when it starts.
    "I know nothing."
    Cheers.

  4. #4
    Join Date
    Dec 1999
    Location
    Augusta, Georgia, USA
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    3,944
    Governments, state governments included, are desperate for revenue.

  5. #5
    Join Date
    Feb 2011
    Posts
    358
    So, that allows them to keep on figuring out new ways to suck even more money out of our pockets?

    When does it stop, when we're all living under a bridge?

    Then what?
    Doc

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