Internet sales tax bill passes Senate test vote

Your next online purchase could cost you more

The days of tax-free Internet sales for most people could be coming to a close soon.

The Senate has taken a test vote on a bill that could force Internet retailers to collect sales taxes -- and it passed overwhelmingly. Under current law, states can only require stores to collect sales taxes if the store has a physical presence in the state -- making many online sales tax-free. 
 
The test vote means the Senate will begin debating the bill -- and it could pass as early as this week.
 
President Barack Obama supports the bill -- but it's unclear whether the measure will pass the House. Some House Republicans see the bill as a tax increase.
 
 
 
 

 

Print this article Back to Top

Comments