As a follow-up to my previous posts about the Marketplace Fairness Act, I wanted to share the results of a recent Louisiana-specific poll. Results released by the International Council of Shopping Centers (ICSC) indicate an overwhelming majority of Louisianans (78 percent!) support federal legislation that requires online-only sellers to collect sales tax at the time of purchase. A national poll revealed similar results with the support of 70 percent of Americans.
Here’s a summary of the poll’s other key findings:
- 89 percent of Louisianans think it would be easier to collect sales tax from online-only vendors at the time of purchase, versus paying sales and use taxes through special forms or when filing income taxes as is currently required in many states (82 percent in national poll)
- 89 percent of Louisianans say local retailers are important to their community’s economic health (93 percent in national poll)
Louisianans and the Nation agree that it is time to pass Marketplace Fairness, which, after being combined with the Internet Tax Freedom Act, is the legislation now known as the Marketplace and Internet Tax Fairness Act (MITFA), S. 2609. As I have previously stated, it is important to level the playing field for our retailers who are employing people and paying taxes in our communities. The passage of this bill is critical to the Commercial Real Estate industry, brick-and-mortar retailers and perhaps more importantly, to our state and local governments.
I strongly encourage each of you to contact your representative and to promote this issue on social media sites with the hashtags #efairness, #MITFA, or #efairnessnow.