Marketplace Fairness Act

The Marketplace Fairness Act is a proposed U.S. law aimed at allowing states to collect sales taxes from online retailers, just as they do from physical stores. Currently, many online sellers can avoid charging sales tax unless they have a physical presence in the state. This legislation seeks to create a level playing field for local businesses and online retailers by ensuring that consumers pay the same taxes regardless of where they purchase goods. The goal is to boost state revenues and support local economies without overly burdening smaller online businesses.