Shoppers May Soon Pay Sales Tax Online

Tools

By News Department

WASHINGTON, D.C. (CNN) - You may soon have to pay sales tax on many of your internet purchases.

The senate voted 69 to 27 to approve a bill and pave the way for the Marketplace Fairness Act.

That law would require online-only retailers like Amazon and Overstock to collect a tax in 45 states, including South Carolina, and DC.

This could level the playing field for brick and mortar stores by requiring online retailers to also enforce the tax.

The bill now goes to the House.

The president has endorsed the bill so if it gains approval in the House, it will likely become law.

Add a comment

Name:

Comment: 1000 Characters Left

ABC Columbia and its affiliated companies are not responsible for the content of comments posted or for anything arising out of use of the above comments or other interaction among the users. We reserve the right to screen, refuse to post, remove or edit user-generated content at any time and for any or no reason in our absolute and sole discretion without prior notice, although we have no duty to do so or to monitor any Public Forum.

Most Popular

Columbia
Current: 42°
Clear
High: 42°
Low: 33°
Wind: 0 MPH
Pressure: 30.42
Humidity: 43 %

What's on WOLOTV Full Schedule