In a blog post last week, Institute for Policy Innovation (IPI) President Tom Giovanetti called on Congress to reject attempts to attach the Senate passed Marketplace Fairness Act (MFA) to the Internet Tax Freedom Act (ITFA). Over the past several months, Senate leadership has indicated their desire to marry the two pieces of legislation in the final weeks of Congress. However, opponents of the MFA believe that combining the two bills would be bad for consumers and small businesses.
“Imagine Congress passing a law that would subject your small Internet business to being audited by the other 49 states in which you don’t reside in their greed for more revenue from business owners who can’t vote them out of office. The MFA would enable cross-border tax predation, which is exactly the sort of thing that would have made the Founders recoil”, wrote Giovanetti. “Especially at this time when the economy is still struggling and the distinction between on-line and brick-and-mortar retailers is blurring, the last thing Congress should do is pass the misnamed Marketplace Fairness Act.”
To learn more about the Marketplace Fairness Act and how you can express your opposition to this legislation, please visit our Action Center.