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Senate Passes Internet Sales Tax

Jim Oakland Wrote: May 06, 2013 10:52 PM
Cool. Now they will have enough money to fund our enemies the Islamic rebels in Syria that want to kill us and the Muslim Brotherhood all while slowing the economy down with an internet tax.

The so-called "Marketplace Fairness Act" passed the Senate today on a 69-27 vote, meaning that businesses with more than $1 million in sales will be subjected to tax collection laws no matter where they're located in the United States. The bill would give state governments the blessing to collect tax on retailers across state lines.

Andrew Moylan of the R Street Institute ran down some of the major problems with the bill and detailed some of the straw men arguments used by the tax legislation's proponents:

MFA would close a tax “loophole” - Supporters often say that...