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Thursday, April 25, 2013

Senate Advances Bill To Tax Internet Purchases

In Virginia and Maryland, officials are counting on Congress to pass the online sales tax. Both states intend to use the new tax revenue to pay for roads, and if it fails on Capitol Hill, residents will be paying even more for gas. 

The Senate on Wednesday advanced a bill to tax Internet purchases despite the objection of a bipartisan group of lawmakers who say the legislation will hurt the critical small-business sector.

Senators voted 75-22 to advance the Marketplace Fairness Act, which would allow states to collect sales taxes from Internet retailers.

Opponents, many of them from the five states that do not have a sales tax, said the legislation pits "brick and mortar" stores against "brick and click" Internet businesses. Supporters say expanding the sales tax to the Internet will level the playing field and discourage the practice of "showrooming," in which shoppers peruse retail shops for items they then buy online for less.

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5 comments:

Anonymous said...

The big retail stores should be ecstatic.

Anonymous said...

Protect the "Brick and mortar" tax revenue stream at any cost to the consumer!

Anonymous said...

Doesn't even matter. With the lower, more competitive pricing online, even with this added tax BS, you'll still save huge amounts of money over brick and mortar stores.

Watching the MD mob spend our tax dollars like it's monopoly money, I don't (and won't) want to give them more $.

Anonymous said...

Some companies (Walmart) will not charge you to order online and ship to one of their stores. That saves shipping cost. If you want to save Maryland's sales tax too, just have your order shipped to a Delaware Walmart for pickup.

Anonymous said...

If the states want to make extra money, TAX fat people!