"Wayfair Tax" on minds at the State Capitol

It’s called the Wayfair Tax…and it’s the talk of the State Capitol this legislative session.

Missouri is one of two states that did not update its tax law after the U.S. Supreme Court case South Dakota v. Wayfair Inc. This decision allowed states to charge a sales tax on purchases from out-of-state businesses, even if the businesses don't have a physical presence in the state.

House Speaker Elijah Haarh says there are stumbling blocks in the way of progress on the issue, but he expects something to get worked out this session.

Haahr says that's because Missouri has such a complex tax system. He says he's confident that can be overcome and a solution can be found this session

Another stumbling potential stumbling block could be Republican insistence that collecting the new tax not create a windfall of new state revenue. A House committee today heard a couple of bills dealing with the Wayfair Tax.