middle class family your taxes today are lower than when i took office. that was his promise in 2011. but the factor bill o reilly is calling his bluff breaking down numbers and showing how much the tax man is hitting your wallet. that statement is spin, pure spin. once again the federal government is getting more tax revenue than ever before. state and local taxes are at the highest level in the history of this country. more facts. state and local income taxes clock in at 114 billion in the second quarter of this year. a record. state sales taxes 182 billion a record. fuel taxes more than 11 billion. a record. motor vehicle taxes almost 8 io. another record. property taxes approaching $100 billion this year. a record for the second quarter.
i don t think this one is oxable. it s just applying tacks that are already in place to purchases that are now vote of exempted through kind of a loophole from here s ordinary states so if you live in state without a sales tax like maryland montana or delware, you wasn t pay. if you live in the other 45 states this bill would only require you to pay the same tax on internet purchases you pay if you go to the store. if you pay 8.75 in s in your sis you pay the same online. yes. the reason this is in place is the law governing state sales taxes was before anybody shopped online. so this is catching up with technology. the supreme court that case dates to 1992. up in of these companies did. so we re figuring out how to do the catchup to technology that is way ahead.
could mean the company could say good bye to its edge over brick and mortar stores. the possibility of amazon losing this battle, that is a win for retailers who have physical stores because they have had to charge state sales taxes all along. your biggest investment may well have been your biggest fear in recent years. now new signs that housing market is on the rebound and may be charging back. you know my heart burns for you. i m up next, but now i m singing the heartburn blues. hold on, prilosec isn t for fast relief. cue up alka-seltzer. it stops heartburn fast. oh what a relief it is!
all right, bottom of the hour. i m fredricka whitfield in for brooke baldwin. technology, sports, business, health, science, all of it, we re hitting it right now. amazon is gradually losing one of the biggest advantages that gave it a competitive edge over brick and mortar stores. the popular online retailer has challenged efforts forcing it to charge state sales taxes. alison kosik is with us now from the new york stock exchange. amazon lost a big fight in new york. could we see this go all the way to the supreme court? that s a good question, but wouldn t be such a shocker to see amazon take this issue all the way to the supreme court. especially after the highest court here in new york said amazon, yes, you ve got to collect state sales tax. something that amazon doesn t want to do. especially since it doesn t do it at the moment.
next season around kevin ware. i don t think he has to try. amazon.com losing one of its biggest advantages that gave it a competitive edge over brick and mortar stores. the popular online retailer challenged efforts forcing it to charge state sales tax. it wouldn t be such a shocker to see amazon take this issue to the supreme court especially since the highest court in new york said you have to collect state sales taxes, something amazon doesn t want to do. other states like illinois said no problem amazon. you don t have to collect sales taxes. you see the two sides of this. it is a fiery issue. different opinions on each side. it makes it a prime candidate for supreme court review especially since each state has different laws. if amazon loses this battle it