Thursday, April 14, 2011
Internet Sales Tax?
A democratic senator from Illinois plans to introduce legislation that will end the Internet's tax free advantage. This proposal is said to be made public shortly after Tax Day and will write rules for internet sales sites. Amazon.com and Overstock.com are just a few examples that would have to require buyers to pay sales tax. Dick Durbin is the senator that proposes this and he plans to introduce the bill to Senate after their Easter recess. He claims online websites have an unfair advantage over physical stores. Durbin's bill will be called the Main Street Fairness Act. The Direct Marketing Association sued Colorado last year to block a similar state tax law from taking effect, and is now preparing to rally opposition to Durbin's legislation. I think I don't have to express my point, I'm obviously opposed to such a bill. I think that our government is wasting enough money as it is and to give them this extra would be foolish. Its putting money in the hands of an 8 year old to me. But what do you think? Do you think it is fair to apply sales tax to internet stores?