What an Internet sales tax will cost you

POSTED: 09:30 AM PDT May 06, 2013    UPDATED: 09:33 AM PDT May 06, 2013 

Find out how the proposed "Internet sales tax" would affect your online shopping.

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But will all products from larger online retailers be taxed? Again, it depends on where you live. In general, states tax the purchase of so-called "tangible goods," but there are often a laundry list of exceptions. For example, in New Jersey all clothing is tax-free.

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