2. eBay bats against online sales tax measures. eBay (EBAY - Get Report) weighed in over the debate over online sales tax collection this week. CEO John Donahoe began emailing users last Sunday telling them the Marketplace Fairness Act would burden small online merchants. The San Jose, Calif.-based online marketplace also took to Twitter to send its message out. One tweet said: one tweet saying: "Do you think #SmallBiz owners should be forced to act as tax collectors in all states? Neither do we." Another tweet said the online marketplace company believes businesses with fewer than 50 employees or less than $10 million in annual out-of-state sales should be exempt from the legislation, according to TheStreet.
The bill is supposed to level the playing field between online and bricks-and-mortar stores by requiring online retailers to collect sales tax (still small online retailers with less than $1 million in revenue would be exempt), but has been getting quite the pushback. The Senate was supposed to take up the bill for a vote this week, but so far it hasn't done so. PCWorld mentions that perhaps the vote will take place Friday or Saturday.