Thursday Must Read: Amazon Strikes Deal with Legislature; FBI Raids Solyndra

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Perry

Stories you shouldn’t miss:

1. Amazon.com reached a tentative deal with Democratic and Republican leaders of the state legislature, agreeing to scuttle its attempt to overturn the state’s new online sales tax law in exchange for not charging its customers sales tax until September 2012, the LA Times reports. The deal also gives Amazon time to convince the US Congress to establish a national standard for online sales taxes. But if Congress fails to do so by next September, then the online giant will start charging sales tax to its California customers. It’s unclear, however, whether Governor Jerry Brown will endorse the deal. Last week, Brown threw cold water on a proposal by Amazon to put off sales tax collection until 2014.