A group of Republicans and Democrats yesterday reintroduced a federal bill that could cost online retailers and customers more money.
The Marketplace Fairness Act would allow states to require online vendors to collect sales and use tax on certain out-of-state purchases. Only businesses with less than $1 million dollars in annual U.S. sales would be exempt.
The bill was debated by the Senate last year but went nowhere. Now a group of 35 House members and 18 senators are trying again. And they're optimistic the bill will pass this time, according to The Hill.
The bill's top … Read more