Taxpayer Group Warns of Looming Internet Tax

The National Taxpayers Union is sounding the alarm to its 362,000 members about an Internet Sales Tax being pushed by Congressional Democrats.

Congressional sources say that introduction of federal legislation to implement the "Streamlined Sales Tax Project" (SSTP) could happen as early as this week, the NTU warns.

From an NTU release:

This comes in response to ongoing deliberation surrounding the issue of tax policy toward the Internet and the SSTP, a campaign that would allow states to collect sales taxes on transactions made by residents beyond their borders. States need Congress' blessing for SSTP because of previous court rulings that governments cannot force firms within their jurisdiction to collect taxes on sales made to out-of-state customers.

Read the NTU's full statement at the link below:

Taxpayer Group Warns of Looming Internet Tax Hike, Despite Economic Woes