Death and Taxes are supposed to be the only universal constants you can depend on, but the Internet has long been a loophole many of us have enjoyed exploiting. If Rep. Bill Delahunt gets his way however, everything you buy online will soon be taxed at the same rates as their brick and mortar counterparts. Currently most Americans who buy from out-of-state vendors aren't required to pay sales taxes, but crushing government deficits could force legislators to take immediate action.
Normally we could write this off as one politician's pipe dream, but The National Conference of State Legislatures has voiced its approval of Delahunt's legislation, a law that could allow states to collect as much as $23 billion in new taxes. Not surprisingly, the Retail Industry Leaders Association also threw their voice behind the motion, a group made up of giants such as Wal-Mart & Home Depot.
The exact details of the proposed legislation haven't been made public yet, but we expect this issue to keep gaining momentum in the coming months. Perhaps they are hoping geeks don't vote?