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'Fight expected in House' on online sales tax

The U.S. Senate voted overwhelmingly on Monday to the powers of the state to carry out their sales tax to buy online, but faces a tough fight in the Republican-controlled House of Representatives legislation.
The Democratic-controlled Senate voted 69-27 backup measures, the pit brick and mortar stores like Wal-Mart and cash-hungry state government and other online retailers eBay and Republicans wary of new tax measures.
"Call me conservative, but I believe the correct method of tax fairness is to reduce interest rates - rather than higher interest rates forced onto others, said:" Tom Graves, House Republican from Georgia.
House Speaker John Boehner plans to send the bill, the House Judiciary Committee's senior Republican aide said. This would mean that the next hearing. Senate uncharacteristically bypass this step.
A spokesman said the Judiciary Committee Chairman, Republican Robert Goodlatte, retention legislation, including its complexity and the potential impact on small business.
Goodlatte not yet scheduled any hearings, she said.
Supporters of the measure, including traditional retailers Wal-Mart and Best Buy (Best Buy) CO INC, as well as online retail giant Amazon, the company hopes to simplify the state sales tax payment in the United States.
Opponents include many other online merchants, such as eBay, Overstock.com and anti-tax activist Grover Norquist. Legislators from no sales tax states - Montana, Oregon and New Hampshire - the main opposition to the measures.
Business tax countries, basically electronics retailer does not require electronic retailers received from the buyer, unless there is an actual state of existence. Otherwise, consumers should pay the tax, but rarely do.
On this issue, some countries have made different arrangements with Amazon, while others do not.
The bill would let states require state retailers to collect sales tax, buy electronics retailer on the Internet, even in the buyer's state has no physical presence.
The bill would allow states to do this, but does not require them to do so. It will also exempt the merchants status online annual sales of $ 1 million or less.
Guggenheim Securities analyst Chris Kruger said, "We will be a probability of 30% at the end of this year, mainly due to the opposition of the House of Representatives, the bill was signed into law.
"Our chances of winning will increase received a big vote of support in the Senate to pass this bill," he said.
Online sales tax bill debate is trying to broader tax reform in Congress on a separate track.
The main obstacle in this regard is still a dispute between Republicans refused to consider the end of the new federal income tax relief, which will be part of the tax reform, and the Democratic Party insists that this new revenue is crucial.
 
 



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