Transaction Tax Risk in Web Sales Bill, Finance Lobby Says

A U.S. Senate bill that would let states impose sales taxes on purchases from out-of-state sellers could lead to state-level financial transaction taxes, a Wall Street trade association said.

http://washpost.bloomberg.com/Story?docId=1376-MLNL2F6JTSE901-686C7D6OVFBF0139K7MJ2BCFLA