The state is working on bringing in sales tax money from out of state purchases. Michigan lawmakers and retailers say it’s a measure that would help level the playing field.
State lawmakers are working on what they call a Sales Tax Simplification Project.
It means out of state companies would have to collect and remit the sales tax from Michigan customers shopping on-line, by phone or mail order.
The state Department of Treasury estimates that Michigan will lose $240 million next year from remotes sales. It could mean more money for schools during these tough economic times.
State legislators say action could be taken by both houses by the end of the year.
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