internet sales tax

The hours are dwindling to Christmas and the annual shopping frenzy is on. RIPR political analyst Scott MacKay says we should shop local to support the Rhode Island economy and details what Congress can do to help.

The twinkle of  seasonal  lights on new fallen snow are everywhere,  Christmas shopping is in full blush and youngsters are readying for the annual reading of Clement Clarke Moore’s classic `Twas the Night Before Christmas.’

Providence Business News Editor Mark Murphy joins Rhode Island Public Radio's Dave Fallon for a weekly business segment we're calling "The Bottom Line." Each Friday they look at business news and themes that affect local business and the public.

This week Dave and Mark discuss the proposed Internet tax in Congress and implications for state revenue, sales tax, and brick-and-mortar stores.

When to Listen

You can hear The Bottom Line each Friday at 5:50pm.

Chafee: Internet Sales Tax a Matter of Fairness

Apr 23, 2013

Senator Jack Reed and Governor Lincoln Chafee are urging Congress to pass the  Marketplace Fairness Act. The bill would require online merchants to pay state sales taxes. Chafee and Reed say it’s a matter of fairness.

Reed and Chafee stood side by side in a West Warwick furniture store to urge Congress to allow a vote on the Marketplace Fairness Act.  Chafee said the bill – which would require online merchants to pay state sales taxes – would add $70 million a year to the state treasury.

Senator Jack Reed and Governor Lincoln Chafee are asking Congress to pass legislation that allows state to collect taxes from online purchasing. 

Senator Jack Reed is a co-sponsor of the “Marketplace Fairness Act,” which would open the door for states to collect sales taxes from online retailers.  Right now it’s up to shoppers to pony up when filing their income taxes.

Congress can easily help cash-strapped states collect millions in sales taxes from Internet sales. RIPR political analyst Scott MacKay explains why action is needed to protect Main Street retailers.

The sun is high; your vacation is nigh. What better way to while away a splendid July afternoon in the Ocean State than a trip to the shore with that book you’ve been meaning to get to.