News
National Journal | What if the Internet Sales Tax Doesn't Make it Through Congress?
Legislation allowing states to collect sales taxes on purchases made over the Internet—approved by the Senate in a 69-27 vote Monday evening—faces an uncertain future in the House.
CNN Money | Online retailers call Internet sales tax a 'nightmare'
Online retailers would have to start collecting sales tax upfront. They'd also be forced to send payments to local governments across the country. The "Marketplace Fairness Act" passed the Senate but faces a higher hurdle in the House of Representatives before becoming law.
CNBC | Peeling Back the Online Sales Tax Layers
By a vote of 69 to 27, the Senate passed the Marketplace Fairness Act with bi-partisan support. The bill would allow a state that has a sales tax to require online retailers—those with more than a million dollars in out-of-state sales each year—to collect that sales tax from all of its customers in that state.
Econ Comments & Analysis
Mercatus | There's Nothing Fair About an Internet Sales Tax
Just a few years ago, retail giant Amazon primarily stood on the sidelines of the debate over federal legislation – dubbed the Main Street Fairness Act – to require online retailers to collect sales taxes. But now Amazon is front and center supporting the current iteration of the bill wending its way through Congress.
