Thursday, December 22, 2005

Senators propose taxing Internet shopping | CNET News.com

Senators propose taxing Internet shopping | CNET News.com: "This may be the last holiday season to enjoy tax-free Internet shopping, thanks to new legislation in the U.S. Congress.

Two bills introduced Wednesday propose sweeping changes to how Americans are taxed for online and mail order purchases. Businesses initially would be required to collect sales taxes on purchases shipped to roughly half of the country, and that percentage is expected to rapidly increase."

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