“‘We believe that the Marketplace Fairness Act will level the playing field for local small-business retailers, who are undercut every day by out-of-state online companies,’ said White House spokesman Jay Carney. The Act would require Internet and remote retailers to collect state sales taxes no matter where they are located when a transaction takes place, and advocates hope it would ease budget problems in many cash-strapped states. Opponents of the Act say it would still be unfair because retailers in a state which has no sales tax would still be liable to collect tax on purchases made in distant states which do have sales taxes.”
http://www.rawstory.com/rs/2013/04/22/white-house-internet-sales-tax-will-level-the-playing-field/
Related posts:
Man sics cops on kid's lemonade stand, now in license trouble himself
United Nations draws up emergency plan for Syria strike
The Curious Case Of The Bulgarian Bank Runs
The Bitcoin-Mining Arms Race Heats Up
Looters ransack Baghdad museum [2003]
Bitcoin-Equipment Boom Benefits TSMC, AMD Sales, Report Says
Mt. Gox Bitcoin Exchange Sued for ‘Misappropriation’
NSA evidence may be key to Hammarskjold mystery death
FHA exhausts reserves, may need bailout
British Somalis dread ban of ‘herbal high’ khat
Winklevoss twins: Bitcoins better than gold
Young Americans may dodge health law
Portugal’s elder statesman calls for 'Argentine-style' default
Lebanese protest against anal exams on suspected homosexuals
Duma Considers Anti-Terrorism Bill for Online Payments