“The Marketplace Fairness Act, which would allow states the mechanism to start collecting taxes for online sales, overwhelmingly passed a Senate cloture vote Monday night, circumventing regular order and drawing concern from a minority of Senators. Seventy four Senators voted in favor of the motion, while 20 dissented. Many of those represent states that, like New Hampshire, do not have a state sales tax and argue the passage of this bill will be consequential for their small businesses.  One consequence cited was the states’ potential power to collect sales tax on financial transactions done online, specifically on Americans’ 401(k) accounts.”

http://dailycaller.com/2013/04/22/online-sales-tax-passes-cloture-vote/

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