Trump ‘Strongly’ Favors Imposing Online Sales Tax, Mnuchin Says

February 15, 2018

Via: Fortune

President Donald Trump “feels strongly” that the U.S. should impose a sales tax on purchases made over the Internet, Treasury Secretary Steven Mnuchin said Thursday.

Mnuchin, speaking at a hearing before the House Ways and Means Committee, said he has spoken personally with Trump about the issue, and that the president “does feel strongly” that the tax should be applied.

The prospect of an online sales tax has been a long-standing point of contention between Internet-based retailers and their brick-and-mortar rivals. Trump has previously gone after Internet giant Inc., saying last year that it does “great damage to tax paying retailers.”

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