Senate embraces Internet sales tax

“The U.S. Senate voted overwhelmingly today to endorse levying Internet sales taxes on American shoppers, despite warnings that the proposal is antibusiness, harmful to taxpayers, and will be a ‘bureaucratic nightmare.’  Senators adopted an amendment to a Democratic budget resolution that, by allowing states to ‘collect taxes on remote sales,’ ushers in the first national Internet sales tax.  The vote follows a week of fierce lobbying from the National Retail Federation and the Retail Industry Leaders Association, which represent companies including Walmart, Target, AutoZone, Best Buy, Home Depot, OfficeMax, Macy’s, and the Container Store.”

http://news.cnet.com/8301-13578_3-57575926-38/senate-embraces-internet-taxes/

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