| Story Views | |
| Now: | |
| Last Hour: | |
| Last 24 Hours: | |
| Total: | |
Did your Senator just vote to tax internet sales? Check here.
Did your Senator just vote to tax internet sales? Check here.
Not quite, but they probably will this week. While it’s made several headlines already, the recent vote in the Senate on a bill to allow states to tax interstate internet sales was not a final vote, but rather a fast-tracked “cloture” to end debate and move on to final vote. See whether your Senator approved or not, and keep watching AV News later this week to see if they vote for the final measure.
The propaganda website for the so-called “Market Place Fairness Act” (better labeled the “Tax Internet Sales Act”) openly boasts: “Collecting sales tax in multiple states was too difficult before the internet, not anymore.”
BizJournals.com reports,
Sales taxes on Internet purchases grew one step closer to becoming a reality Monday evening when the Marketplace Fairness Act easily cleared a Senate procedural hurdle by a 74-20 margin.
Final passage is expected later this week. The legislation would allow states that simplify their sales tax systems to collect taxes on purchases made by their residents from online businesses based in other states. Under current law, retailers have to collect sales taxes only for states where they have a physical presence.
Bricks-and-mortar retailers say legislation is needed because tax-free Internet sales give online retailers an unfair advantage. State and local governments, meanwhile, are hungry for the estimated $22 billion in additional tax revenue they would get if online sales were taxed.
I wonder if these “Yea” Senators feel they have not broken their Taxpayer Protection Pledge, if they signed it. And many state legislators who would leverage the new power at the state level may have signed as well; it’s worth checking their list.
Filed under: Uncategorized 
2013-04-23 09:01:38
Source:
