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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.
Follow the publisher of this post on Twitter: @treyschmaltz


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