Boehner: Internet Sales Tax Bill Likely DOA

NEWS MAX:  U.S. House Speaker John Boehner said he “probably” won’t support legislation to let states require out-of-state Internet retailers to collect sales taxes, saying it would be too cumbersome to implement. ..

The Senate passed the bill May 6 in a bipartisan vote of 69-27, with support from 21 Republicans. Asked whether he could back it, Boehner said, “probably not.”

The measure is backed by Wal-Mart Stores Inc. and other retailers that say it’s unfair to allow many sales made over the Internet or through catalogs to be untaxed. States lose an estimated $23 billion annually in forgone revenue from uncollected sales taxes…  (more)

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