Texas to lose $358 Million from Internet Tax Ban. 2 Quick Takeaways.

Congress is set to pass a permanent ban on internet sales tax. That’s the tax paid on access to the internet and collected by states and local governments.

What you need to know:

• Texas is 1 of 7 states that collect an inernet sales tax (Hawaii, New Mexico, North Dakota, Ohio, South Dakota, Texas & Wisconsin)
• Advocates supporting the ban on internet sales tax say now is not the time to risk new taxes on the growing digital economy

The Hill | Seven states to lose millions from Internet tax ban