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Summit Appliance | Felix Storch
Summit Appliance | Felix Storch

Taxing Internet Sales
posted on March 25, 2013 at 06:38PM by Paul Storch

Recently, a bipartisan group of senators offered a bill taxing internet sales nationally even in states the seller does not maintain a physical presence. The "Marketplace Fairness Act" is a non-binding resolution that passed the Senate overwhelmingly. This has long been a lively debate pitting Amazon, the 800 pound gorilla of internet selling, against the brick and mortar world where large chain stores must tax internet sales universally. This needs full congressional passage to become a law.

Tax proponents point to lost state sales tax revenue - as customers, who generally are legally liable to Read More

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