Local Businesses Support the Marketplace Fairness Act

3 years 1 month 1 week ago May 16, 2013 May 16, 2013 Thursday, May 16 2013 Thursday, May 16, 2013 11:16:00 AM CDT in News
By: Ky Bright

JEFFERSON CITY-  Customers won't see much of a change when they checkout with online purchases due the Market Place Fairness bill, but they could see the results in other ways. The bill will enforce the collection of sales tax from online businesses.  This additional revenue could impact both businesses and communities across Missouri.

Local business owner John Pelzer recently went to Washington D.C. to show his support for the Marketplace Fairness Act. Pelzer was selected by the Missouri Retail Association to represent all business owners in Missouri. While in Washington he spoke with many state and national senators. "I went to explain from a retail owner standpoint exactly how this effects me," says John Pelzer. Owner of Busch's Florist.

The Market Place Fairness Act recently passed the U.S. senate. The bill would require businesses to collect sales tax for online sales. This bill will not create new taxes or increase current taxes. This bill is also supported by several national businesses such as Amazon and Best Buy.

The impact of this bill would not only affect businesses, but community members themselves."It provides a means for state and local governments to collect additional revenue to fund certain public projects." said Andrew Wesemann, an MU researcher. A study done by MU said that over the next four years the state could lose out on over $1 billion in revenue.

Pelzer says he supports this bill to help limit the completive disadvantage his company has to solely online retailers. "Those of us in brick and mortar businesses on Main Street support our school systems with taxes," says John Pelzer. He says that this bill will not effect his customers wallets. It simply is a tax collection issue.

The bill is now in the U.S. House. No date is set for when this bill will be voted on.

 

 

 

 

 

More News

Grid
List
WASHINGTON (AP) — The Supreme Court has struck down Texas' widely replicated regulation of abortion clinics in the court's biggest... More >>
36 minutes ago June 27, 2016 Jun 27, 2016 Monday, June 27 2016 Monday, June 27, 2016 9:26:00 AM CDT in News
JEFFERSON CITY (AP) - Missouri Gov. Jay Nixon has vetoed a bill that would have let people carry concealed guns... More >>
46 minutes ago June 27, 2016 Jun 27, 2016 Monday, June 27 2016 Monday, June 27, 2016 9:16:00 AM CDT in News
HAZELWOOD (AP) — Police in the St. Louis suburb of Hazelwood are investigating after three men wearing surgical masks climbed... More >>
59 minutes ago June 27, 2016 Jun 27, 2016 Monday, June 27 2016 Monday, June 27, 2016 9:02:55 AM CDT in News
BALLWIN (AP) — Authorities are urging visitors to Castlewood State Park in suburban St. Louis to avoid swimming after two... More >>
1 hour ago June 27, 2016 Jun 27, 2016 Monday, June 27 2016 Monday, June 27, 2016 8:43:10 AM CDT in Continuous News
KANSAS CITY (AP) — Authorities say one of the two people who died when a car ran off an interstate... More >>
2 hours ago June 27, 2016 Jun 27, 2016 Monday, June 27 2016 Monday, June 27, 2016 7:25:00 AM CDT in Continuous News
COLUMBIA - In honor of National HIV Testing Day , Columbia/Boone County Department of Public Health and Human Services will... More >>
6 hours ago June 27, 2016 Jun 27, 2016 Monday, June 27 2016 Monday, June 27, 2016 3:12:00 AM CDT in Top Stories
COLUMBIA – The Columbia I-70 Bridges Project is continuing on schedule and next on the agenda is for the new... More >>
7 hours ago June 27, 2016 Jun 27, 2016 Monday, June 27 2016 Monday, June 27, 2016 2:35:00 AM CDT in Top Stories
JEFFERSON CITY (AP) — Missouri Gov. Jay Nixon says he'll veto a sweeping gun rights bill passed by the Republican-led... More >>
9 hours ago June 27, 2016 Jun 27, 2016 Monday, June 27 2016 Monday, June 27, 2016 12:36:00 AM CDT in News
FESTUS (AP) — Authorities say a Missouri man and his dog have died after being struck by lightning. ... More >>
11 hours ago June 26, 2016 Jun 26, 2016 Sunday, June 26 2016 Sunday, June 26, 2016 10:07:00 PM CDT in News
COLUMBIA — A lightning strike during a storm sparked a house fire in west Columbia Sunday afternoon. The homeowners... More >>
15 hours ago June 26, 2016 Jun 26, 2016 Sunday, June 26 2016 Sunday, June 26, 2016 6:28:00 PM CDT in News
COLUMBIA — The American Tiny House Association kicked off Missouri's first "tiny home" festival in Columbia this weekend. "It's... More >>
17 hours ago June 26, 2016 Jun 26, 2016 Sunday, June 26 2016 Sunday, June 26, 2016 4:06:00 PM CDT in News
ST. LOUIS (AP) — Crowds lined the streets of downtown St. Louis for the 37th annual Pridefest parade. Mayor... More >>
18 hours ago June 26, 2016 Jun 26, 2016 Sunday, June 26 2016 Sunday, June 26, 2016 3:48:00 PM CDT in News
COLUMBIA — Disc golf enthusiasts from across the country flocked to Columbia for the 32nd Annual Mid-America Open this weekend.... More >>
19 hours ago June 26, 2016 Jun 26, 2016 Sunday, June 26 2016 Sunday, June 26, 2016 3:01:00 PM CDT in News
COLUMBIA (AP) — The University of Missouri is fighting a former assistant professor's effort to collect unemployment benefits after she... More >>
19 hours ago June 26, 2016 Jun 26, 2016 Sunday, June 26 2016 Sunday, June 26, 2016 2:17:14 PM CDT in News
TROY (AP) — Crews continued searching for a Missouri woman after her husband was found shot to death of an... More >>
20 hours ago June 26, 2016 Jun 26, 2016 Sunday, June 26 2016 Sunday, June 26, 2016 1:41:06 PM CDT in News
TECUMSEH (AP) — A 13-year-old girl from Springfield has drowned in a river in southwest Missouri. The Missouri... More >>
21 hours ago June 26, 2016 Jun 26, 2016 Sunday, June 26 2016 Sunday, June 26, 2016 12:21:31 PM CDT in News
KANSAS CITY (AP) — Two people died when the car they were in ran off an interstate overpass in Kansas... More >>
22 hours ago June 26, 2016 Jun 26, 2016 Sunday, June 26 2016 Sunday, June 26, 2016 11:57:53 AM CDT in News
COLUMBIA — Roughly 52 percent of people in the United Kingdom voted to leave the European Union in a referendum... More >>
22 hours ago June 26, 2016 Jun 26, 2016 Sunday, June 26 2016 Sunday, June 26, 2016 11:56:00 AM CDT in News
Columbia, MO
Broken Clouds 81°
11am 83°
12pm 88°
1pm 90°
2pm 91°

Select a station to view its upcoming schedule:

Coming Up Next

7:00a
Today
11:00a
Rachael Ray
12:00p
KOMU 8 News @ Noon
9:00a
The Steve Wilkos Show
10:00a
Crazy Talk
10:30a
Crazy Talk

Tonight's Schedule

7:00p
2016 U.S. Summer Olympic Trials
8:00p
American Ninja Warrior
7:00p
Whose Line Is It Anyway?
7:30p
Whose Line Is It Anyway?
8:00p
Whose Line Is It Anyway?
8:30p
Whose Line Is It Anyway?
9:00p
KOMU 8 News @ Nine on The CW
9:30p
Seinfeld