Local businesses show support for Marketplace Fairness Act
Some businesses in our region are urging Congress to pass the Marketplace Fairness Act.
The act would require online stores to pay local sales tax.
Local businesses came together Thursday in Johnson City to show their support for the act and release a new study. The study shows that if used correctly, the Marketplace Fairness Act could create jobs and additional income for the community.
Brick and mortar store owners say they just want a level playing field. "We pay taxes on the building, city taxes, county taxes. We have to deposit our sales tax that we collect every month so there's a huge amount of expenses that we have as compared to an online store," says owner of La Londes Bridal Boutique Linda Fields.
So far, the Marketplace Fairness Act has passed the U.S. Senate.
The act has yet to pass in the House.
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