The Oregon Biz Report - Business News from Oregon

Read about accutane journal moderate acne here

Retailers embrace sales tax plan

August 26, 2016

NRF-retail-federationNational Retail Federation News Release,

The National Retail Federation today welcomed the release of draft online sales tax legislation by House Judiciary Committee Chairman Robert Goodlatte, R-Va., saying action is needed to break Congress’ years-long deadlock on the issue.

“We hope this move will bring the attention needed to get Congress to move forward in treating purchases made online the same as those made in local stores when it comes to sales tax collection,” NRF Senior Vice President for Government Relations David French said. “With online shopping increasing every day, it’s time for Congress to act. The price advantage held by online sellers when they don’t have to collect sales tax has resulted in the shuttering of bricks-and-mortar retail stores in almost every community across the nation over the last few years. That cannot be allowed to continue.”

“We look forward to working constructively with Chairman Goodlatte and Congress to ensure legislation is passed to achieve the level playing field for sales tax collection that is so desperately needed,” French said. “Retailers should be allowed to compete based on how well they serve their customers, not according to tax policy determined by an out-of-date, quarter-century-old court decision.”

Goodlatte today released a draft version of the Online Sales Tax Simplification Act of 2016, which would allow states that take certain steps to require online sellers to collect sales tax.

Various forms of online sales tax legislation have been introduced in Congress over the past 15 years but none have won passage. Under a 1992 U.S. Supreme Court ruling, online sellers can only be required to collect sales tax in states where they have a physical presence such as their headquarters, stores, offices or warehouses. The court held that sales tax laws are too complicated for a seller in one state to know how much tax to collect from a buyer in another state. But NRF and other opponents say modern computer software makes that argument obsolete. And Justice Anthony Kennedy said last year that the court made a mistake.

NRF is the world’s largest retail trade association, representing discount and department stores, home goods and specialty stores, Main Street merchants, grocers, wholesalers, chain restaurants and Internet retailers from the United States and more than 45 countries. Retail is the nation’s largest private sector employer, supporting one in four U.S. jobs – 42 million working Americans. Contributing $2.6 trillion to annual GDP, retail is a daily barometer for the nation’s economy. NRF’s This is Retail campaign highlights the industry’s opportunities for life-long careers, how retailers strengthen communities, and the critical role retail plays in driving innovation. NRF.com

  
Print This Post Print This Post    Email This Post Email This Post

Discuss this article

John August 31, 2016

And the automobile was going to impact the survival of the wagon makers. The demand for automobiles increased and the demand for wagons decreased. Simple economics. Let’s get more government involved so they can control more of our money. They are doing such a great job now.
Supply and Demand.

Are we going to tax the robots that are replacing workers? And will the unions file a lawsuit and demand the robot manufacturer pay union dues for each of its robots?

After all if an individual was working and paying taxes and suddenly finds himself unemployed because a robot replace him, how will the government continue to exist? Surely they will have to implement a robot replacement tax to fatten the government/union pockets.

Leave a Reply

Your email address will not be published. Required fields are marked *

Please answer the following question to confirm that you are a real person: *

Top Business News

 

Top Natural Resource News

 

Top Faith News

 

Copyright © 2017, OregonReport. All Rights Reserved. | Terms of Use - Copyright - Legal Policy | Contact Oregon Report

Stay Tuned...

Stay up to date with the latest political news and commentary from Oregon Business Report through daily email updates:

Delivered by FeedBurner

Prefer another subscription option? Subscribe to our RSS Feed, become a fan on Facebook, or follow us on Twitter.

RSS Twitter Facebook

No Thanks (close this box)