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April 29, 2013

Internet sales tax: A tax hike or fair play?

  • The National Conference of State Legislatures estimates that states lost $23 billion last year because they couldn't collect taxes on out-of-state sales.

    • WASHINGTON (AP) — A bill to require Internet shoppers to pay sales taxes for online purchases may be cruising through the Senate but it will soon hit a roadblock in the House.

    “There's a lot of political difficulty getting through the fog of it looking like a tax increase,” said Rep. Steve Womack, R-Ark., one of the main sponsors of the bill in the House.


     
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