WASHINGTON--(BUSINESS WIRE)--The National Retail Federation – the world’s largest retail trade association – today distributed a letter to members of the U.S. Senate urging them to support local retailers and small business owners by approving S.743, the Marketplace Fairness Act, which is scheduled for a Senate vote on Monday evening. In the letter, NRF labeled votes on the Marketplace Fairness Act as key votes.
“The Marketplace Fairness Act is a commonsense piece of legislation necessary to modernize and streamline our federal and state understanding of sales tax laws so that they can keep current with real world change in the marketplace,” said NRF Senior Vice President David French in the letter.
“As the retail industry evolves and digital commerce becomes a more prominent portion of total retail sales, it is critical that the tax laws not discriminate between businesses based on how their products are distributed,” French said.
“This collection disparity has tilted the competitive landscape against local stores, creating a crisis for brick-and-mortar retailers around the country and in your state,” French said. “The Marketplace Fairness Act addresses the crisis by removing the constitutional limitation on states’ authority to collect sales tax from out-of-state sellers.”
“Leveling the playing field will create a business climate where retailers have a better opportunity to grow and create jobs in a truly competitive and fair marketplace,” he said.
As the world’s largest retail trade association and the voice of retail worldwide, NRF represents retailers of all types and sizes, including chain restaurants and industry partners, from the United States and more than 45 countries abroad. Retailers operate more than 3.6 million U.S. establishments that support one in four U.S. jobs – 42 million working Americans. Contributing $2.5 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 at home and abroad, and the critical role that retail plays in driving innovation. www.nrf.com
Note to media: www.retailmeansjobs.com/efairness