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Cyber Monday is a Reminder Why Lawmakers Should Keep The Internet Tax Free
11/27/2015 at 06:59 am - David Williams


Today is “Cyber Monday,” the busiest online shopping day of the year. Last year, there was a record number of online sales with one-day purchases exceeding $2 billion.  According to CNN, this is an increase of 17 percent over 2013.  With renewed threats of Internet sales taxes coming out of Congress, there’s no better time to look at why e-commerce is so important and how Washington can make sure it continues to be a key driver of the economy. The increase in online shopping from 2013-2014 shows that the Internet is a key driver in a strong economy.  That makes it even more baffling to think that some in Congress would be so out of touch to continue to push the idea of creating new taxes for Internet sales (click here to listen to the Taxpayer Watch that discuses the online sales taxes). Rep. Jason Chaffetz (R-Utah) recently introduced new online sales tax legislation. H.R. 2775, the “Remote Transactions Parity Act” (RTPA) would hit total sales, no matter the amount of sales in online business transactions.

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