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Federal lawmakers support Internet sales taxes

3 years 6 months 1 week ago March 22, 2013 Mar 22, 2013 Friday, March 22 2013 March 22, 2013 7:33 PM in News
Source: WBRZ, Associated Press
By: Trey Schmaltz

WASHINGTON- Senators supported a law, giving states the power to collect taxes on purchases you make on the Internet.

The Nonbinding vote could pave the way for a proposal later this year.

Nationally, states miss out on an estimated $20 billion in sales taxes. Louisiana loses about $800 million a year.

Supporters say collecting the tax would restore competitive balance between Internet companies and retail stores that already charge sales taxes. Opponents say the system would be too complicated.
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Follow the publisher of this post on Twitter: @treyschmaltz

 

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