Friday, May 10, 2013

From Internet Tax to VAT

Senate Takes A Step Toward the VAT, Newsday, May 10, 2013. "If the Senate has its way, online sales taxes are coming to a computer near you. The so-called Marketplace Fairness Act sailed through the Senate on Monday by a 69-27 margin. If approved in the House, the act won’t just cost you money. It will also put the United States on the road to adopting a European-style national sales tax."

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