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Taxes on Internet Retail

Monday, 16 Jul 2012 | 1:07 PM ET

More states are moving to impose new sales taxes for online purchases, reports CNBC's Courtney Reagan, and Stacey Widlitz, SW Retail Advisors, offers insight. "I think Amazon is giving in and paying taxes, because this gives them the ability to build more distribution centers and ship on a same-day basis," says Widlitz. Dani Hughes of Divine Capital Markets CEO, weighs in.