The National Retail Federation praised the U.S. Senate for its Monday decision to proceed with debate on the Marketplace Fairness Act, which will require online retailers to charge tax on consumer purchases.
“This is an important economic issue confronting America’s retail industry, the nation’s largest private sector employer,” NRF President and CEO Matthew Shay said. “This is fundamentally about fairness and the need for government to end its discriminatory sales tax policy that disadvantages local, community-based retailers in favor of remote and online sellers. Despite what the opponents say this is not a new tax. A sale is a sale, no matter the distribution channel. Every retailer–both brick-and-mortar and online–should be treated equally under the law, and the Marketplace Fairness Act ensures that they will. While local, community-based stores and shops compete for customers on many levels, including service and selection, they cannot compete on sales tax. Congress needs to address this disparity and NRF urges the Senate to pass the Marketplace Fairness Act this week.”
The NRF said in a recent letter that it will key vote the vote to invoke cloture on the motion and reserves the right to key vote any amendments to the bill, as well as its passage.
“The Marketplace Fairness Act is a commonsense piece of legislation necessary to modernize our federal and state understanding of sales tax laws so that they can keep current with real-world change in the marketplace,” NRF Senior Vice President David French said in the letter.