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Jackie Speier

Proposed Online Sales Tax Gaining Momentum

The end may be near for consumers who avoid paying taxes by window shopping in a traditional brick-and-mortar retail setting to find exactly what they need and then hopping online to make the actual purchase.As it stands now, most online retailers are not required to collect sales tax, making them an attractive option for consumers. Brick-and-mortar store owners claim that the tax break offers an unfair advantage, hurts their sales and ability to compete, and makes them simply a "showroom."Just ask Jack Seibert, owner of Jack Seibert Jeweler in Ohio. Earlier this year he worked with a customer looking to buy a diamond for an engagement ring and took the time to walk him through the process of cut, color, clarity and carat. "He took our information and expertise and turned around and bought a $17,000 diamond online, saving $1,147.50 on sales tax. A diamond at $17,000 is a different number than one at $18,147.50."Seibert says the customer then came into the store with the diamond for aut...

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    The House Judiciary Committee heard testimony Tuesday on a hotly-contested bill that would allow states to impose an online sales tax for all businesses. Some small ...

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