Proposal in Congress could mean $20M for Vt.April 23,2013The Associated Press
MONTPELIER — Proposals being considered by Congress to require Internet retailers to charge state sales taxes could mean $20 million a year in revenue for the state of Vermont.
Currently, Internet retailers don’t have to impose a state sales tax unless the company has a physical presence in the state.
Vermont Tax Commissioner Mary Peterson tells Vermont Public Radio people who purchase items from e-retailers are supposed to pay the state sales tax, but they rarely do.
Many small retailers have complained that this gives the Internet retailers an unfair price advantage and state officials are upset because they lose revenue.
The U.S. Senate is set to vote this week on legislation requiring most e-retailers to include any applicable sales tax. There is a similar bill being considered in the House.MORE IN This Just InRICHARD'S POOR ALMANACK: 2nd president John Adams signs Sedition Act on this day in 1798 providing jail time for criticizing the government; Jerry Rubin, co-creator of the Yippies, American activist, political theorist, businessman, born this day in 1938. 0Rutland Herald content editor Rich Alcott uploads astronomic, historic and epigrammatic content... Full StoryTODAY'S WEATHER MINUTE: A brief midsummer return of last winter’s stubborn cold air mass descends over the Northern Plains, Midwest and Northeast this week bringing colder than seasonable daytime temperatures. 0Rutland Herald content editor Rich Alcott shares local weather information and easily digestible... Full Story
- Most Popular
- Most Emailed
- TODAY'S WEATHER MINUTE: A brief midsummer return of last winter’s stubborn cold air mass descends over the Northern Plains, Midwest and Northeast this week bringing colder than seasonable daytime temperatures.
- RICHARD'S POOR ALMANACK: Founding father and 2nd president John Adams signs Sedition Act on this day in 1798 providing jail time for criticizing the government; Benjamin Franklin's grandson and namesake dies in jail, for satirizing the president.
- TODAY'S WEATHER MINUTE: Tibetans' ability to breathe and absorb oxygen at high altitude might have been inherited from their ancient ancestors, our new pals, the Denisovans, more dominant in their day than anybody can remember.
- TOMORROW'S HEADLINES TODAY: Rutland Herald Editor Rob Mitchell and staff writer Bryanna Allen discuss conflict at Open Door Mission, MSJ's new principal, teens carve marble in West Rutland.
- TODAY'S WEATHER MINUTE: Researchers find new species of hominid, the Denisovans, and follow genetic evidence that place them across a wide swath of the globe before extinction 40,000 years ago.
- TOMORROW'S HEADLINES TODAY: Proctor estate sale hits serious legal speed bump, Rutland Town wraps up solar project regulations, Patty Minichiello interviews visiting sculptor in West Rutland and Castleton Crackers honored with national award.