May 7th, 2013, 12:55 AM
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...
"I know nothing."
May 7th, 2013, 01:48 AM
Dang it Shima, stop posting all these depressing news stories!!!
Asus P9X79-Deluxe, Intel i7 3930k @ 4.2Ghz, 16gb DDR3-1600 Kingston HyperX Memory, Coolermaster Storm Trooper case, Corsair AX850 psu, Zotac 980ti 6gB, Corsair Model H100 w/c, Samsung 840 Pro 512gB SSD, Intel 750 pci-e x4 SSD 800gB, Asus Blu-ray Writer 12x, Dell P2715Q 27" Ultra HD 3840x2160 4K LED IPS Monitor, Windows10 Pro x64
MSI GS Series GS60 Ghost-003 Gaming Notebook 15.6", Intel Core i7-4700HQ 2.40GHz, 16GB Memory 1TB HDD 128GB SSD, NVIDIA GeForce GTX 860M 2GB, 4.36 lbs.
May 7th, 2013, 02:55 AM
Sorry, but at least people will not be surprised if/when it starts.
"I know nothing."
May 7th, 2013, 05:10 AM
Governments, state governments included, are desperate for revenue.
May 7th, 2013, 08:36 AM
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?
___________Microsoft Safety & Security Center___________
\____________________ ____.-.____ ____________________/
\_____________\ -._)!(_.- /_____________/
\_______\. ~\ /~ ./_______/
Users Browsing this Thread
There are currently 1 users browsing this thread. (0 members and 1 guests)