Bill to Collect Internet Sales Tax Would Help Kentucky’s Budget and Level Playing Field for Local Businesses
May 1, 2013
Federal legislation requiring internet retailers to collect sales taxes owed to states would aid Kentucky’s depleted budget and end the unfair advantage out-of-state sellers have over Main Street Kentucky businesses.
The Marketplace Fairness Act passed the first hurdle in the Senate last week by a vote of 63 to 30, although Kentucky senators Mitch McConnell and Rand Paul voted against the measure. It’s expected to come to a full vote in the Senate next week, and then will be considered in the House.
A 1992 Supreme Court ruling has kept read more