GOP Senators Lead Push to Allow States to Impose Internet Sales Tax

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.

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(Hat tip: KimR)