Senate Bill Could End Tax Free Online Shopping

[Flesh Thorn]

While our eyes were all on Boston......


States could force Internet retailers to collect sales taxes under a bill that overwhelmingly passed a test vote in the Senate Monday.
Under current law, states can only require stores to collect sales taxes if the store has a physical presence in the state. As a result, many online sales are essentially tax-free, giving Internet retailers a big advantage over brick-and-mortar stores.
The bill would allow states to require online retailers to collect state and local sales taxes for purchases made over the Internet. The sales taxes would be sent to the states where shoppers live.


Read more: http://www.foxnews.com/politics/2013/04 ... z2RFAJBJzI

[Jim]

What a tempest in a teapot. For most of us, the tax is small, but for the businessmen, it will be a nightmare. Expect the shipping and handling fee will jump! Way to stifle commerce.