Friday, January 16, 2015


Econ Comments & Analysis                                                                                            
Daily Signal | New GOP Plan Would Force Online Sales to Be Taxed at Rate of Seller’s State
House Judiciary Committee chairman Bob Goodlatte, R-Va., this week jumpstarted the sputtering effort to allow states to collect sales taxes on sales by out-of-state, mostly Internet-based, sellers. Known as “home rule and revenue return,” his plan would allow Internet purchases to be taxed – but at the rate established by the seller’s state, not the rate set by the buyer’s state.