Will The Little Man Be Beat Down By An “Amazon”

A political shift, and a commercial change of stance by Amazon.com, Inc. (NASDAQ:AMZN) are going to make online shopping more expensive, as many states introduce a sales tax for on-line purchases. According to a report in NBCNews.com, “In Congress, a rare moment of bipartisan unity is advancing bills that would legislate such taxation at the federal level”. The Marketplace Fairness Act appears to have excellent bipartisan support and therefore, may become law. Indeed, faced with increasingly big holes in budgets, states are hungrily eyeing this sales tax as an important source of revenue, more so because it’s rightfully theirs – only that…