Recently, new legislation has been placed in front of lawmakers that would level the playing field regarding sales tax between brick-and-mortar stores to online retailers. The Transaction Parity Act was introduced by Jason Chaffetz of Utah and Rep. Steve Womack of Arkansas.

How will this change the online marketplace? Will this help bring customers back to the brick-and-mortar stores? Only time will tell if the legislation is actually passed. For now, it's a game of wait and see, but it could be a major shakeup for retailers on both sides of the debate.

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