Local Businesses Support the Marketplace Fairness Act

7 years 4 months 2 weeks ago Thursday, May 16 2013 May 16, 2013 Thursday, May 16, 2013 11:16:00 AM CDT May 16, 2013 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
(CNN) — The World Health Organization has announced an agreement to make rapid Covid-19 tests available to lower and middle-income... More >>
19 hours ago Wednesday, September 30 2020 Sep 30, 2020 Wednesday, September 30, 2020 7:39:00 AM CDT September 30, 2020 in News
As COVID-19 continues to spread, KOMU 8 will continue to update you about impacts in the community. Previous coverage: ... More >>
20 hours ago Wednesday, September 30 2020 Sep 30, 2020 Wednesday, September 30, 2020 6:16:00 AM CDT September 30, 2020 in News
Columbia College launches a virtual tutoring program Columbia College is launching a virtual tutoring program on Thursday, October 1.... More >>
21 hours ago Wednesday, September 30 2020 Sep 30, 2020 Wednesday, September 30, 2020 5:26:22 AM CDT September 30, 2020 in News
CLEVELAND (AP) — The first debate between President Donald Trump and Democratic challenger Joe Biden deteriorated into bitter taunts and... More >>
22 hours ago Wednesday, September 30 2020 Sep 30, 2020 Wednesday, September 30, 2020 4:36:09 AM CDT September 30, 2020 in News
COLUMBIA - The Columbia League of Women Voters and the Daniel Boone Regional Library will co-host an Election Forum webinar... More >>
23 hours ago Wednesday, September 30 2020 Sep 30, 2020 Wednesday, September 30, 2020 3:52:00 AM CDT September 30, 2020 in Top Stories
COLUMBIA, MO - Columbia College is launching a virtual tutoring program on Thursday, October 1. The program will serve students... More >>
1 day ago Tuesday, September 29 2020 Sep 29, 2020 Tuesday, September 29, 2020 10:35:00 PM CDT September 29, 2020 in News
COLUMBIA - Battle football is preparing to face Moberly on Friday after their game against Smith-Cotton was canceled due to... More >>
1 day ago Tuesday, September 29 2020 Sep 29, 2020 Tuesday, September 29, 2020 7:40:00 PM CDT September 29, 2020 in News
COLUMBIA - The Columbia Police Department has released a video of an armed robbery which took place at Passions Adult... More >>
1 day ago Tuesday, September 29 2020 Sep 29, 2020 Tuesday, September 29, 2020 7:27:00 PM CDT September 29, 2020 in News
COLUMBIA - The Show-Me Bowl games are moving to different locations this fall. In a press release sent on... More >>
1 day ago Tuesday, September 29 2020 Sep 29, 2020 Tuesday, September 29, 2020 6:50:00 PM CDT September 29, 2020 in Sports
CAMDEN COUNTY- The Camden County's Sheriff's Office is on the hunt for counterfeit bills and wants area residents and business... More >>
1 day ago Tuesday, September 29 2020 Sep 29, 2020 Tuesday, September 29, 2020 6:17:00 PM CDT September 29, 2020 in News
COLUMBIA- The Missouri Football team heads to Knoxville, Tennessee on Friday for its first road game of the season. ... More >>
1 day ago Tuesday, September 29 2020 Sep 29, 2020 Tuesday, September 29, 2020 5:58:00 PM CDT September 29, 2020 in Sports
COLUMBIA - A new law allows nursing home residents to install cameras in their rooms. House Bill 1387 lets... More >>
1 day ago Tuesday, September 29 2020 Sep 29, 2020 Tuesday, September 29, 2020 5:42:00 PM CDT September 29, 2020 in News
(CNN) -- Disney is laying off 28,000 people in the United States as the coronavirus pandemic hammers its parks and... More >>
1 day ago Tuesday, September 29 2020 Sep 29, 2020 Tuesday, September 29, 2020 5:26:00 PM CDT September 29, 2020 in News
MISSOURI - Despite less people on the roads during COVID-19 pandemic, the number of serious and fatal car crashes remained... More >>
1 day ago Tuesday, September 29 2020 Sep 29, 2020 Tuesday, September 29, 2020 4:29:00 PM CDT September 29, 2020 in News
COLUMBIA - The Boone Hospital Center Board of Trustees and BJC HealthCare have agreed on a date for Boone Hospital... More >>
1 day ago Tuesday, September 29 2020 Sep 29, 2020 Tuesday, September 29, 2020 4:29:00 PM CDT September 29, 2020 in News
COLUMBIA - The University of Missouri was recently given nearly $1.2 million to help MU researchers create an artificially intelligent... More >>
1 day ago Tuesday, September 29 2020 Sep 29, 2020 Tuesday, September 29, 2020 4:13:00 PM CDT September 29, 2020 in News
O'FALLON, Mo. (AP) — The number of people hospitalized for the coronavirus has nearly tripled in areas outside of Missouri’s... More >>
1 day ago Tuesday, September 29 2020 Sep 29, 2020 Tuesday, September 29, 2020 3:46:00 PM CDT September 29, 2020 in News
MISSOURI - Watch parties for the Presidential debate will be held virtually this year in light of the ongoing pandemic... More >>
1 day ago Tuesday, September 29 2020 Sep 29, 2020 Tuesday, September 29, 2020 2:58:00 PM CDT September 29, 2020 in News
Columbia, MO
Broken Clouds 50°
3am 48°
4am 47°
5am 47°
6am 46°