Topic: Pete Sepp
The Senate voted late Monday to require e-commerce businesses to collect sales taxes from buyers. The Marketplace Fairness Act may bring as much as $23 billion, by one estimate, in online sales tax revenue to states and cities. It faces an uncertain future in the House.
Cutting employees, raising taxes, and delaying payments to vendors could slow economic recovery, experts say, but perhaps only slightly.
01/19/2011 05:10 pm