The controversy of purchasing items over the internet and state and local tax is again a topic on Capitol Hill. The Marketplace Fairness Act is getting bipartisan support in the U-S Senate and Nebraska Senator Mike Johanns says this long debated issue may finally be put to bed.
Senator Johanns says it isn’t uncommon for consumers to go into brick-and-mortar buildings to look at an item and then leave and purchase it online. He says the Fairness Act is not an additional tax but a long overlooked detail regarding internet sales. He says the Nebraska businesses he has spoken with over the years support the Marketplace Fairness Act. Senator Johanns expects a number of amendments to be added to the act and there will likely be some battles in that arena however support for the Act as it stands is strong.
If the bill passes, online sellers would be required to collect local and state taxes at the time of the sale and the money would then be distributed to the individual state and city.