Bloomberg’s Sheila Dharmarajan reported on the Marketplace Fairness Act, detailing which companies are for this bill and which are against. Dharmarajan highlights what we already know: as Amazon has grown into a retail giant, increasingly expanding its physical presence, they’ve had to begin collecting taxes. This has led to their sudden support of this bill. Along with other large retailers such as Wal-mart and Target, Amazon is lobbying heavily for the passage of this bill to successfully squeeze out small and medium businesses.
April 24, 2013