Republican Senators Lead Push to Allow States to Impose Online Sales Tax

enzi
Senator Mike Enzi (R-WY) is leading the efforts to allow states to impose sales tax on online purchases.

Republican senators are pushing legislation that will allow states to impose a sales tax on online transactions.
CNS News reported:

Republicans in the Senate are leading efforts to pass legislation that would allow the states to impose a sales tax on online transactions.

Sen. Mike Enzi (R-WY) has proposed the Marketplace Fairness Act (MFA), which would allow states to “collect and remit sales and use taxes with respect to remote sales.” The bill includes an exemption for companies whose gross remote sales are less than $1 million per year.

The legislation enjoys support particularly among legislators in rural states who believe that online retailers are encroaching on sales made out of traditional storefronts.

CNBC reported Friday that the market value of shares of online retailer Amazon has now surpassed those of Wal-Mart, the nation’s largest brick-and-mortar retailer.

The National Retail Federation (NRF) claims that states could collect an additional $25 billion in sales taxes annually if the legislation is passed, and argues that imposing the tax would help to promote business at traditional stores, create jobs, and provide tax revenue.

“The billions of dollars in lost sales tax is revenue badly needed by cash-strapped state and local governments to pay the salaries of essential workers such as police officers, firefighters, ambulance crews, and schoolteachers,” the NRF states.

Photo of author
Jim Hoft is the founder and editor of The Gateway Pundit, one of the top conservative news outlets in America. Jim was awarded the Reed Irvine Accuracy in Media Award in 2013 and is the proud recipient of the Breitbart Award for Excellence in Online Journalism from the Americans for Prosperity Foundation in May 2016. In 2023, The Gateway Pundit received the Most Trusted Print Media Award at the American Liberty Awards.

You can email Jim Hoft here, and read more of Jim Hoft's articles here.

 

Thanks for sharing!