The National Retail Federation (NRF) – the world’s largest retail trade association – has issued the following statement from NRF Chairman of the Board Stephen I. Sadove of Saks Incorporated and NRF President and CEO Matthew Shay on the Senate passage of S.743, the Marketplace Fairness Act: “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, bi-partisan vote for final passage of the Marketplace Fairness Act, despite a highly funded misinformation campaign by the legislation’s opposition,” says NRF President and CEO Matthew Shay. “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 – the largest private sector employer – is rapidly changing and evolving,” adds NRF Chairman of the Board Stephen I. Sadove. “Retailers compete for customers on many different levels, distribution channels and fronts, including service and selection, but they cannot compete on sales tax. Congress needs to address this sales tax disparity and allow retailers to compete freely and fairly. Retailers of all shapes, sizes and channels deserve a level playing field.” “This bill, and its companion in the House, will level the playing field for all retailers – both online and off – while safeguarding states’ rights. And the bill does it all without raising taxes, new government mandates, or adding to the deficit,” Shay comments. “NRF and our broad cross-section of members will work closely with our bipartisan sponsors in the House, Reps. Womack and Speier, and Chairman Goodlatte to ensure that efairness is debated honestly and on its merits. When brought to a vote, we believe the House will pass the bill and it will be signed into law.”
Bricks & Mortar Retailers Encouraged of Passage of Sales Tax Fairness
