Marketplace Fairness act
Posted by LionelHutz 11 years, 9 months ago to Economics
Two URLs for your enlightenment:
http://www.24hgold.com/english/news-gold...
http://www.timesfreepress.com/news/2013/...
In a nutshell - the federal government wants to mandate that every out-of-state commerce shall have state sales tax applied to it. It is an attempt to cut off an avenue of tax avoidance.
What business is it of the Federal government whether a state collects sales tax or not? Perhaps this is political cover for state legislators who do not want to expose themselves. But it also could be a prelude to a national sales tax.
http://www.24hgold.com/english/news-gold...
http://www.timesfreepress.com/news/2013/...
In a nutshell - the federal government wants to mandate that every out-of-state commerce shall have state sales tax applied to it. It is an attempt to cut off an avenue of tax avoidance.
What business is it of the Federal government whether a state collects sales tax or not? Perhaps this is political cover for state legislators who do not want to expose themselves. But it also could be a prelude to a national sales tax.
I wonder how it works with states like mine that don't have a sales tax?