Marketplace Fairness is a Win for Everyone
A competitive retail marketplace is good for everybody. Customers get better prices, better selection and better service. Retailers are rewarded for competing and winning their business. For that system to work though, you need to have a level playing field for everyone. That’s what the Marketplace Fairness Act is about. Whether you’re a local small business or a big out-of-state warehouse retailer, the same rules should apply.
Letting the biggest online retailers off the hook for collecting sales taxes makes the marketplace less competitive by driving out small local retailers. And letting big out-of-state retailers avoid collecting state and local taxes also hurts communities like my hometown of Sparks, Nevada.
Minneapolis Star Tribune
April 15, 2014
Best Buy CEO Hubert Joly on Tuesday renewed his call for Congress to pass the Marketplace Fairness Act, which would force online merchants to collect sales tax from customers.
"We don't think the government should pick the winners," he told the Economic Club of Minnesota. "We don't think the government should subsidize Amazon and eBay."
April 14, 2014
The issue: A new report says Wisconsin may not be losing as much tax revenue from tax-exempt online sales as previously thought.
Our view: That's good news, but it's still not fair to local businesses forced to compete on an unlevel playing field.
April 10, 2014
Gov. Butch Otter recently signed a bill into law that creates a savings account for Idaho where money from online sales tax revenue can be collected in the future. Until Congress passes federal e-fairness legislation or Idaho passes streamlined sales tax legislation, this account will sit empty. But it is a step in the right direction for Idaho businesses.
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