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Tax free internet buying may be over soon

The good old days of clicking and shopping to your heart’s content with no sales tax is likely over.
The Senate voted 74-20 this week to look at a bill allowing states to ask Internet retailers to collect sales tax.
While it might pass the Senate, Republicans in the House are calling it a tax increase and are more likely to say no.
Currently states are not allowed to require online retailers to collect state and local taxes unless they have a physical address in the state.
President Obama supports the legislature and points out it do not apply to businesses with less than $1 million per year in online sales.
The Wall Street Journal printed a pointed editorial calling the idea one that "discriminates against Internet-based businesses."
While online firms in New Hampshire would have to collect state and local taxes, for instance.

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