Two decades after the Supreme Court ruled that states are not allowed to tax online retailers if they don’t have a physical presence in the state, an online sales tax law is finally gaining momentum in Congress.
“I think the bottom line is simply this,” Rep. John Conyers, D-Mich., said Tuesday morning at a House Judiciary hearing focused on the Marketplace Equity Act of 2011. “Tax-free sales on the Internet may be coming to an end. This could mean a very large boost in revenue. I think it would help the economy and probably also help create more jobs.”