The Marketplace Fairness Act, currently under consideration by Congress, would give states the authority to collect sales tax on Internet purchases by requiring collection by out-of-state retailers. In return, the Act requires states to take steps to simplify their sales tax systems. What does the bill require and what does the bill leave out?
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Today, for the first time in ten years, the U.S. House of Representatives has voted to repeal the federal estate tax. The final vote on HR 1105 was 240-179, with 233 Republicans and 7 Democrats voting yea. The bill was...