This post was contributed by a community member. The views expressed here are the author's own.

Health & Fitness

Have at it: Is online tax fair or taxation without representation?

By M.D. Kittle | Wisconsin Reporter

MADISON – Fair or foul?

When it comes to the Marketplace Fairness Act, the contentious Internet sales tax, there is much to love or hate – depending on what side you’re on.

Find out what's happening in Fox Point-Baysidewith free, real-time updates from Patch.

The U.S. Senate seems to like the tax enough. Passage proved a breeze in late spring.

House members, on the other hand, may not be so sold. The bill still awaits action in committee.

Find out what's happening in Fox Point-Baysidewith free, real-time updates from Patch.

The proposal requires Internet retailers to collect sales tax on out-of-state purchases. It’s not a tax on stores, but on customers. And it’s really not a new tax. Customers are supposed to send in their sales tax payments to the state tax collector.

Most don’t.

Online retailers would be forced to collect as much as $24 billion that now goes uncollected, under the legislation.

Read more at WisconsinReporter.com

http://bit.ly/1acV1k2


We’ve removed the ability to reply as we work to make improvements. Learn more here

The views expressed in this post are the author's own. Want to post on Patch?