facebook
twitter
rss
account
search
search
 

Lawmakers push sales tax bill

Feb. 15, 2013 at 4:27 PM   |   Comments

WASHINGTON, Feb. 15 (UPI) -- U.S. lawmakers introduced a new sales tax bill designed to close loopholes that make it harder for small businesses to compete with online retailers.

The Marketplace Fairness Act of 2013 would give states the option to require the collection of sales and use taxes already owed under state law by out-of-state businesses, rather than rely on consumers to remit those taxes, lawmakers said.

"Small businesses and states alike are suffering from the inability to collect due -- not new -- taxes from purchases made online," U.S. Rep. Steve Womack, R-Ark., said Thursday in a statement. "The Marketplace Fairness Act is the bipartisan, bicameral, common-sense solution that promotes states' rights and levels the playing field for our Main Street businesses rather than continuing to allow the government to pick marketplace winners and losers."

The bill introduced Thursday resolves differences between three similar bills introduced in the last Congress, Politico said. Opponents of the measure say the new bill imposes new taxes on online businesses.

© 2013 United Press International, Inc. All Rights Reserved. Any reproduction, republication, redistribution and/or modification of any UPI content is expressly prohibited without UPI's prior written consent.
Recommended UPI Stories
Most Popular
1
EU, Kiev, Moscow gas talks suspended EU, Kiev, Moscow gas talks suspended
2
U.S. Air Force orders more RQ-4 Global Hawks U.S. Air Force orders more RQ-4 Global Hawks
3
Urban Outfitters receives backlash after selling Kent State massacre sweatshirt Urban Outfitters receives backlash after selling Kent State massacre sweatshirt
4
Chevron gas line closed after accident Chevron gas line closed after accident
5
Talon rocket in full-rate production for UAE Talon rocket in full-rate production for UAE
Trending News
Video
x
Feedback