Showing posts with label By Bernie Becker and Ramsey Cox. Show all posts
Showing posts with label By Bernie Becker and Ramsey Cox. Show all posts
Senate approves online sales tax bill
The Senate on Monday approved legislation that would for the first time allow states to collect billions of dollars in online sales tax revenue from out-of-state purchases.
The 69-27 vote is a major victory for retail groups and state governments, who for years have fought to close what they see as a loophole that allows as much as $23 billion in annual taxes from online sales to go uncollected.
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