Internet Sales Tax

The specter of an online sales tax doesn't seem to be willing to go away. One of the advantages of Internet shopping is the absence of any sales tax which can amount to a decent cost saving on the average purchase, but this bargain for consumers represents lost income for States across the US that are battling to close the gap on ever-increasing budget deficits.

It is not surprising then that Democratic Congressman Bill Delahunt of Massachusetts once again raised the online sales tax bogey. He first brought the bill for consideration in 2007, but now many in Washington think that he may have better luck getting it passed in 2010. For shoppers that have gotten used to saving 5 to 10 percent by shopping at websites like Amazon, they might be getting a rude awakening.