Senate Bill Aims to Resolve Online Sales Tax Issue

Cash-strapped states seeking to collect billions in taxes from online transactions gained an ally in Washington when a senator introduced a bill for a federal solution to the problem. Although the fate of the bill by Democratic Senator Dick Durbin was uncertain given the anti-tax environment on Capitol Hill, his measure is backed by the National Governors Association and the National Retail Federation and even earned a pledge of cooperation from giant online retailer Amazon.