The U.S. Senate recently passed a bill that would allow states to collect sales tax on online purchases, potentially leveling the playing field between brick-and-mortar and online retailers. This may shift some purchases back to brick-and-mortar retailers, but it won't entirely change the trend of sales moving online. Fool editor Lauren Kuczala sat down with contributor Travis Hoium to see who the winners would be and why Amazon (NASDAQ:AMZN) may benefit despite having to pay more in taxes on its purchases.
Fool contributor Travis Hoium is short shares of Amazon.com. Lauren Kuczala has no position in any stocks mentioned. The Motley Fool recommends and owns shares of Amazon.com. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.