Senate Passes Online Sales Tax

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ebayThe U.S. Senate took a cue from retailers and states by passing a bill that would subject online shopping to state sales tax, with 69 to 27 in favor.

States currently can only require online retailers to collect tax if the store has a brick-and-mortar setup in the state.

President Obama has voiced support for this measure, but it is expected to be a tougher sell in the House, where conservatives view it as a tax increase. Read more at The Washington Post.

{Andy Heller-Matzav.com Newscenter}

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