Skip to content
Catholic Online Logo

By Catholic Online (NEWS CONSORTIUM)

4/23/2013 (1 year ago)

Catholic Online (www.catholic.org)

'Marketplace Fairness Act' slaps sales tax on purchases made online in order to comply with state taxes

For those of us who enjoy making purchases online, via such popular sites such as eBay, Amazon, even Catholic Online - these days of tax-free shopping may be rapidly drawing to a close. "The Marketplace Fairness Act," supported by the Obama Administration, seeks to make a level playing field for all purchases, saying the taxes are then put to making state infrastructures work.

While the Fair Marketplace Act may sale through the Senate, others predict that the bill will have a much harder time in the House - because - 'It would feel like a tax increase to consumers'

While the Fair Marketplace Act may sale through the Senate, others predict that the bill will have a much harder time in the House - because - "It would feel like a tax increase to consumers"

Highlights

By Catholic Online (NEWS CONSORTIUM)

Catholic Online (www.catholic.org)

4/23/2013 (1 year ago)

Published in Politics & Policy

Keywords: Marketplace Fairness Act, online shopping, taxes, brick-and-mortar businesses, eBay, Amazon


LOS ANGELES, CA (Catholic Online) - Claiming that the tax would "level playing field for local retailers," a statement from the White House reads that the "Administration strongly supports S.743, which will level the playing field for local small business retailers that are in competition every day with large out-of-state online companies."

The Marketplace Fairness Act easily cleared a Senate procedural hurdle by a 74-20 margin. And final passage is expected later this week.

To bolster their support for the measure, the Obama administration adds that "goods or services sold from out-of-state vendors . are prevented under current law from requiring the collection of such duly-enacted taxes . while local small business retailers follow the law and collect sales taxes from customers who make purchases in their stores, many big business online and catalog retailers do not collect the same taxes.

"Because these out-of-state companies are able to play by a different set of rules, this disparity undermines the ability of cities and States to invest in K-12 education, police and fire protection, access to affordable health care, and funding for roads and bridges. This bill would eliminate the unfair advantage currently enjoyed by big out-of-state online companies over local neighborhood-based small businesses," the administration says.

Columnist Kent Hoover disagrees. "State and local governments, meanwhile, are hungry for the estimated $22 billion in additional tax revenue they would get if online sales were taxed."
Hoover says that while the act may sale through the Senate, Hoover predicts that the bill will have a much harder time in the House - because - "It would feel like a tax increase to consumers"

"Technically, the bill doesn't create a new tax; it just gives states a way to collect money that's already owed. Sales taxes already are supposed to be paid on Internet purchases, unless the buyer lives in a state that doesn't have a sales tax,' Hoover notes.

More importantly, "since states currently can't force an out-of-state business to collect taxes for them, it's up to the buyer to send a check to his or her state for the tax owed on their purchase. Few consumers do this, however, and states have no practical way to enforce this obligation."

Hoover expects very high public dissatisfaction with the Marketplace Fairness Act. "So, with a few exceptions, the Internet feels like tax-free shopping to consumers. They're not going to be happy when sales taxes are added to their orders when they check out. It would feel like a tax increase."

---


Pope Francis: end world hunger through 'Prayer and Action'


Copywriter 2015 - Distributed by THE NEWS CONSORTIUM

Pope Francis Prayer Intentions for March 2015
Universal:
Scientists: That those involved in scientific research may serve the well-being of the whole human person.
Evangelization: Contribution of women: That the unique contribution of women to the life of the Church may be recognized always.


Rosaries, Crosses, Prayer Cards and more... by Catholic Shopping .com


Comments


More Politics & Policy

Hillary Clinton caught in shameful lie on family's history Watch

Image of

By Abigail James (NEWS CONSORTIUM)

As Hillary Clinton continues to shape her platform for presidency, she is reported as boasting her family's immigration history. During one of her first speeches as an official candidate, Clinton said that "all her grandparents had immigrated to the United States," ... continue reading


Federal government sets all-time record for tax revenue Watch

Image of We will not know how much additional tax revenue the Treasury pulled in until it releases its next daily statement tomorrow afternoon. Every dollar of it will add to the new record.

By Catholic Online (NEWS CONSORTIUM)

Tax day has arrived - and with the close of business on April 14, the Treasury brought in a record $1,477,901,000,000 since fiscal 2015. Began on October 1, 2014, these figures are courtesy of the Daily Treasury Statement. Despite this record tax revenue, the ... continue reading


INSANE: U.S. federal tax code is 74,608 pages long! Watch

Image of If the tax code continues to grow at the same pace it did over the last century, it will pass 100,000 pages in 2050.

By Catholic Online (NEWS CONSORTIUM)

If you had your taxes professionally prepared this year, you may now fully appreciate what your accountant or cleric did for you this year. The U.S. federal tax code is a whopping 74,608 pages long! Try to imagine trying to digest all the nuances that go along ... continue reading


'We're in uncharted territory here' U.S. official admits ISIS' reign of terror is crushing Watch

Image of

By Abigail James (NEWS CONSORTIUM)

The U.S.-led coalition against ISIS continues, now with 62 countries working to put an end to ISIS. Canada has become the latest country to shoot airstrikes against ISIS. The fight against ISIS is being described as "off the charts historically." LOS ANGELES, CA ... continue reading


Who are Hillary Clinton's supporters? Well not women, and not young Americans: A look into Clinton's shocking Facebook following Watch

Image of Hillary Clinton is the favored Democratic candidate for the presidency in 2016, but Facebook demographics show she may have a long way to go.

By Matt Waterson (NEWS CONSORTIUM)

Hillary Clinton is the de facto face of the Democrat party's aspirations for the presidency in 2016, but you wouldn't know that by looking at her Facebook pages. LOS ANGELES, CA (Catholic Online) - The single largest percentage of Clinton's fans aren't even from ... continue reading


Lois Lerner emails expose secretive IRS warnings Watch

Image of The lower-level employees

By Abigail James (NEWS CONSORTIUM)

Former director of Exempt Organizations Unit at the Internal Revenue Service (IRS), Lois Lerner is reported as warning other IRS officials to manage the lower-level employees written conversations in 2013. LOS ANGELES, CA (Catholic Online) - Lerner resigned from the ... continue reading


Rubio steps into spotlight for 2016 run Watch

Image of Florida Senator Marco Rubio will officially announce his intent to seek the Republican nomination for the president today, following months of speculation.

By Matt Waterson (NEWS CONSORTIUM)

The question over which Republican will be the next to announce their intent to run for the nomination in 2016 has been answered, as Marco Rubio joins Senator Ted Cruz and Rand Paul in the race which will soon be flooded with even more competitors. LOS ANGELES, ... continue reading


COLD WAR NO MORE? U.S. President Barack Obama and Cuban President Raul Castro meet Watch

Image of Obama and Castro greeted each other courteously amid an explosion of camera flashes Friday night. The two sat at the same table but not directly next to one another.

By Catholic Online (NEWS CONSORTIUM)

The United States and Cuba may not be the best of friends, but the meeting between U.S. President Barack Obama and Cuban President Raul Castro this past weekend marks a turning point in international relations. It was the first time that leaders from both ... continue reading


Putting the big bite on the top 20 percent: Unlucky few pay 84 percent of all U.S. income taxes Watch

Image of The U.S. federal income tax system is very progressive - higher income groups pay increasingly higher tax rates, and therefore disproportionately higher and higher shares of the total income taxes collected.

By Catholic Online (NEWS CONSORTIUM)

Who pays what in income taxes? According to a study in the Wall Street Journal, only 20 percent of all U.S. taxpayers pay 84 percent of all taxes owed. How does every day, ordinary taxpayer fit into this schema? LOS ANGELES, CA (Catholic Online) - Individual ... continue reading


'I'm running for president' Hillary Clinton declares Watch

Image of While Hillary Rodham Clinton is courting the middle class with her presidential bid, both her and her husband, former U.S. President Bill Clinton remain among the wealthiest of Americans.

By Catholic Online (NEWS CONSORTIUM)

"Everyday Americans need a champion, and I want to be that champion," Hillary Rodham Clinton has declared. Saying that America's economy is "still stacked in favor of those at the top," according to a campaign video this past weekend. "I'm running for ... continue reading


All Politics & Policy News

Newsletters

Newsletter Sign Up icon

Stay up to date with the latest news, information, and special offers

Daily Readings

Reading 1, Acts 3:13-15, 17-19
13 It is the God of Abraham, Isaac and Jacob, the God ... Read More

Psalm, Psalms 4:2, 4, 7-8, 9
2 Children of men, how long will you be heavy of ... Read More

Reading 2, First John 2:1-5
1 My children, I am writing this to prevent you from ... Read More

Saint of the Day

Saint of the Day for April 19th, 2015 Image

St. Alphege
April 19: Archbishop and "the First Martyr of Canterbury." He was born in ... Read More

Inform, Inspire & Ignite Logo

Find Catholic Online on Facebook and get updates right in your live feed.

Become a fan of Catholic Online on Facebook


Follow Catholic Online on Twitter and get News and Product updates.

Follow us on Twitter