Looming Internet sales tax bill jolts consumers, retailers
Consumers unhappy about the prospect of paying more to shop online aren't alone.
Online retailers are objecting to a proposed federal law to levy sales taxes on Internet shoppers, saying it's unreasonable to expect small businesses to comply with the detailed -- and sometimes conflicting -- regulations of nearly 10,000 government tax collectors.
The U.S. Senate began debate on the tax measure, S.743, Monday afternoon, capping years of lobbying by the National Retail Federation and the Retail Industry Leaders Association, which represent big box stores including including Walmart, Target, AutoZone, Best Buy, Home Depot, OfficeMax, … Read more