I’m careful to separate my political opinions from my business but when a political decision affects our business, I share it.
Legislation in Congress that would allow states to collect sales tax on Internet sales will not pass before the end of the year because of opposition from Speaker of the House John Boehner who says he will not allow it to advance to a vote in the house. Boehner’s opposition to the Main Street Fairness Act means the bill, which would allow states and local governments to collect sales taxes on Internet sales by businesses located outside their borders, will not pass during this session of Congress.
This is good news for those of us with Internet businesses as the confusion about what taxes to collect from customers from all over the country has been a real concern. Once the taxes have been collected, submitting the reports and money to the individual states would be a real burden. So, all I can say is “Thank Goodness!!”
Read the whole story here.