Internet Sales Tax Bill is a Lifeline for Retailers

Just when you thought showrooming was here to stay, the Senate throws brick-and-mortar retailers a lifeline. For many physical retailers, including Best Buy, a national internet sales tax may signal the early arrival of Christmas. The potential collapse of the pricing advantage for online-only retailers may help brick-and-mortar models avoid a Circuit City fate. It is also good news for consumers, from a competitive stand point, and for states who will now collect much-needed incremental sales tax.