Tax-free shopping on the Internet could be in jeopardy under a bill making its way through the Senate.

The bill would empower states to require online retailers to collect state and local sales taxes for purchases made over the Internet. The sales taxes would be sent to the states where a shopper lives.

Under current law, states can only require stores to collect sales taxes if the store has a physical presence in the state. As a result, many online sales are essentially tax-free, giving Internet retailers a big advantage over brick-and-mortar stores. (source)

On the minus side, purchases will cost more.

On the plus side, it'll allow more business to be done at the local storefront operation, probably creating more jobs and certainly benefiting the local tax base,

What are the pros & cons as you see them?

Tags: commerce, linternet, taxation

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They've been voting down school levies left and right.

"They" have also been voting "for" adding to the sales tax volume for decades adding a 1/4 cent here, a 1/2 cent there...one city in my area has theirs close to 9%.

Sales taxes need to be capped nation wide, at a low rate, it is after all the tax that affects the working poor more then anyone else.  Why continue to put the heaviest burden on the weakest amongst us?

Cap sales tax at 2% that's plenty, government spending needs to lose some weight.

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