US Senate approves tax plans


US Senate approves tax plans

The US Senate has approved plans to introduce an online
sales tax. Under current laws, retailers only have to pay sales tax if they
have a bricks-and-mortar presence in a state. The new proposals seek to have
firms pay sales tax in every state that their customers live. The 69-27 Senate
vote to enable states to collect the taxes, writes the BBC, sees the bill sent
to the House of Representatives, “where some Republicans oppose it as a new
tax”.

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