Tagged: sales tax

With less than a month to go in this year’s legislative session, another proposal is being made to overhaul Missouri’s tax structure.

The resolution would replace the state’s income tax with a sales tax -- and if passed by lawmakers, it would go before Missouri voters next year.

Illinois consumers may find themselves paying sales taxes on some Internet purchases under a new state law.

The law says sales taxes must be charged when people buy from online retailers through an Illinois-based partner. For instance, an Illinois business might sell products through Amazon.com.

Online businesses generally don't charge state sales taxes. Illinois customers are supposed to pay it directly to the state, but they rarely do.

A House committee has voted along partisan lines to advance a proposal eliminating Missouri's income taxes and replacing them with a higher sales tax.

The vote Wednesday by the House Tax Reform Committee marked the first step toward moving the so-called "Fair Tax" proposal to the 2012 statewide ballot. All the Republicans on the committee voted for the measure and all the Democrats opposed it.