Bipartisan Trade Bill Stops States from Collecting Taxes on Internet Access
A bipartisan customs and trade bill puts the brakes on states collecting taxes on internet access.
FOX’s Jared Halpern has more from Capitol Hill:
A provision in a bipartisan trade bill permanently prohibits states from taxing access to the Internet, something seven states currently do.
Senate Majority Leader Mitch McConnell says the ban means security for Americans who rely on the Internet:
(McConnell) “It’s important that they be able to do this without worry their internet access is being taxed.”
There is some Democratic resistance, Minority leader Harry Reid pushed for an exemption that would allow states to collect sales tax from online retailers.
(Reid) “It’s unfair to brick and mortar stores and small businesses across the country.”
The House approved the comprise bill late last year. President Obama is expected to sign it.
On Capitol Hill, Jared Halpern, FOX News.