Jon_King - 12:37 pm on Apr 29, 2013 (gmt 0)
I know it has been said this is not a tax increase, however I do not pay tax on most online purchases now and I will if this passes. How is that not a tax increase?
From the NY Times:
"Supporters of the bill include Tea Party conservatives like Senator Ron Johnson, Republican of Wisconsin, and Republican leaders like Senator John Thune of South Dakota. They argue that the bill, which could generate as much as $24 billion in new tax revenues, is not a tax increase at all. It only ensures that taxes already owed are actually paid."
To me I read "new tax revenue" as a tax increase... "$24 billion in new tax revenues, is not a tax increase at all" Huh?