// a href = ./ // St Louis News, Weather, Sports, The Big 550 AM, St Louis Traffic, Breaking News in St Louis

   WASHINGTON (AP) - Attention online shoppers: The days of tax-free shopping on the Internet may soon end for many of you.

   The Senate is voting on a bill today that would empower states to collect sales taxes for purchases made over the Internet. The measure is expected to pass because it has already survived three procedural votes.

   The bill faces opposition in the House, where some Republicans regard it as a tax increase. But there is a broad coalition of retailers lobbying in favor of it.

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

 
Published in National News

   Illinois Senator Dick Durbin wants consumers to pay sales tax on their purchases, whether they shop in a local store, or online.  

   Consumers are already supposed to pay sales tax for online purchases.  But very few do since there's no uniform collection method, and the onus to pay is placed on the consumer, not the retailer.  In Illinois, for instance, those who file state tax returns are asked to list their online purchases and pay sales tax for them.

   Durbin says the current rules are not fair to brick and mortar stores, who must collect sales tax from their customers.  Durbin has sponsored a bill that would require Internet stores to do the same.  

   The Senate will soon begin debate on the Market Fairness Act.  It could be voted on as early as this week.  

   Missouri Senators Claire McCaskill and Roy Blunt have both said they favor the move.

Published in Local News

Latest News

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
Prev Next
NEED SURGERY? GOOD LUCK GETTING HOSPITAL COST INFO

NEED SURGERY? GOOD LUCK GETTING HOSPITAL COST INFO

CHICAGO (AP) -- Want to know how much a hip replacement will cost? Many hospitals won't be able to tell you, at least not right away - if at all. And if you shop around and find ce...

Myriad languages, cultures challenge health reform

Myriad languages, cultures challenge health reform

OAKLAND, Calif. (AP) - While new marketplaces are being created for buying health insurance, many states are facing cultural and language hurdles in trying to promote and explain t...

STUDY: FISH IN DRUG-TAINTED WATER SUFFER REACTION

STUDY: FISH IN DRUG-TAINTED WATER SUFFER REACTION

BOSTON (AP) -- What happens to fish that swim in waters tainted by traces of drugs that people take? When it's an anti-anxiety drug, they become hyper, anti-social and aggressive, ...

ADULTS GET 11 PERCENT OF CALORIES FROM FAST FOOD

ADULTS GET 11 PERCENT OF CALORIES FROM FAST FOOD

ATLANTA (AP) -- On an average day, U.S. adults get roughly 11 percent of their calories from fast food, a government study shows. That's down slightly from the 13 percent report...

US HOSPITALS SEND HUNDREDS OF IMMIGRANTS BACK HOME

US HOSPITALS SEND HUNDREDS OF IMMIGRANTS BACK HOME

DES MOINES, Iowa (AP) -- Days after they were badly hurt in a car accident, Jacinto Cruz and Jose Rodriguez-Saldana lay unconscious in an Iowa hospital while the American health ca...

Dick Van Dyke health mystery - he asks public for help solving

Dick Van Dyke health mystery - he asks public for help …

LOS ANGELES (AP) — Dick Van Dyke is seeing doctors for an undiagnosed health problem, and he's seeking advice online as well.    "My head bangs every time I lay down," the 87-year...

FDA APPROVES RETURN OF DRUG FOR MORNING SICKNESS

FDA APPROVES RETURN OF DRUG FOR MORNING SICKNESS

WASHINGTON (AP) -- Talk about a comeback: A treatment pulled off the market 30 years ago has won Food and Drug Administration approval again as the only drug specifically designate...

CLUES TO WHY MOST SURVIVED CHINA MELAMINE SCANDAL

WASHINGTON (AP) -- Scientists wondering why some children and not others survived one of China's worst food safety scandals have uncovered a suspect: germs that live in the gut. ...

© 2013 KTRS All Rights Reserved

St Louis Web Design