U.S. House Speaker John Boehner said he “probably” won’t support legislation to let states require out-of-state Internet retailers to collect sales taxes, saying it would be too cumbersome to implement.
The U.S. Senate voted to let states require out-of-state Internet retailers and catalog companies to collect sales taxes, a victory for brick-and-mortar businesses that have been lobbying on the proposal for more than a decade.
Kelly Blair, a banker from the Baltimore suburbs, spends hundreds of dollars online every year buying gifts and household supplies like pet food and shampoo. She doesn’t check to see whether she owes sales tax -- though her home state of Maryland says that she should.
The growth of Internet shopping in Europe is luring investors such as Axa Real Estate and Blackstone Group LP to the cinder-block world of warehouses, where yields are beating showy storefronts and sleek offices amid a space shortage.
Long lines of tractor-trailers filled with electronics, apparel and home-improvement goods crowd Interstate 10 through Southern California’s Inland Empire. The trucks are headed for a growing number of warehouses that are displacing the citrus groves that once dominated the area.
Amazon.com Inc., the world’s biggest online retailer, and discount Internet seller Overstock.com Inc. lost a challenge to New York’s Internet sales tax law as the state’s highest court rejected their arguments that it was unconstitutional.