Retail groups applaud Marketplace Fairness Act |
Written by Christian Retailing Staff |
Wednesday, 29 May 2013 11:47 AM America/New_York |
CBA supports the online sales tax law because it ‘levels the playing field’ CBA, the National Retail Federation (NRF) and Retail Industry Leaders Association (RILA) have praised the Senate passage of the Marketplace Fairness Act on May 6. The bill, S. 743, now moves to the House, where it is expected to face opposition. Sponsored by Senators Mike Enzi (R-WY) Richard Durbin (D-IL), Lamar Alexander (R-TN) and Heidi Heitkamp (D-ND), the legislation—which would allow states to require and collect online sales tax—passed the Senate by a more than two to one margin. “CBA has been advocating along with other retail groups to pass this legislation that helps our members compete fairly in the marketplace,” said Curtis Riskey, president of the Christian retail association. Riskey said CBA supported the legislation for three reasons: “This is not new taxation. This is specifically taxation already on the books, but not enforced. CBA is not for increases in taxes, just fairness in collection. “This will help level the playing field for small business. Again, when an online competitor is not required to collect sales taxes, brick-and-mortar retailers who follow the law can face as much as a 10% disadvantage. “Small online-only retailers will be spared. Any small online-only retailer will not have to report sales under $1 million in revenue. This legislation also would simplify the tax administration process so online retailers only have to work with one agency and not 50-plus.” NRF issued the following statement from NRF Chairman of the Board Stephen I. Sadove of Saks and NRF President and CEO Matthew Shay on the bill’s Senate passage: “We applaud Senators Enzi, Durbin, Alexander and Heitkamp and the entire U.S. Senate for standing with local retailers and America’s small business owners in a strong, bipartisan vote for final passage of the Marketplace Fairness Act, despite a highly funded misinformation campaign by the legislation’s opposition,” Shay said. “Today’s action in the Senate is a significant step for sales tax fairness and we look forward to a robust debate in the U.S. House of Representatives.” The Retail Industry Leaders Association also issued a statement on the passage. “The Senate’s overwhelmingly bipartisan passage of this legislation foreshadows the end of the special treatment of big online businesses at the expense of retailers on Main Street,” said Bill Hughes, senior vice president for government affairs. “After such a resounding vote in the Senate, we look forward to a constructive debate in the House to level the playing field for all retailers this year.” |