It is shameful that avaricious federal, State and local tax commissars won in the US Senate, negating Constitutional protections. Freedom-loving House leaders must stop this tax collection burden on innovative small entrepreneurs.
U.S. Senate OKs Internet sales tax bill
By Bill Bartel & Julian Walker
© May 7, 2013
The U.S. Senate approved legislation Monday that would require large online retailers to collect state sales taxes, a welcome development for traditional merchants and Virginia leaders who are counting on the extra revenue.
The Senate passed the bill 69-27, getting support from Republicans and Democrats alike.
However, the Marketplace Fairness Act, which Virginia leaders say would provide hundreds of millions for transportation and education needs, is expected to face strong resistance in the House of Representatives, where many see it as a tax increase or too complex a burden for online retailers.
Supporters of the new requirement, which would apply only to businesses doing more than $1 million a year in online sales, say it’s a matter of fairness. Under current law, online sellers pay the sales tax only in the states where they have a physical presence.
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