The Marketplace Fairness Act is just another name for the Internet Tax Bill. If passed, the legislation would be devastating, not just to online retail, but the entire cigar industry.
by Craig Williamson, April 04, 2014
When the Marketplace Fairness Act was tabled in the House last November, we knew it was only a matter of time before it would rear its ugly head again. It’s back.
The U.S. House of Representatives is once again preparing to consider the Marketplace Fairness Act, a bill that, if passed, would deal an unprecedented— and devastating—blow to the cigar industry.
“Marketplace Fairness Act” is nothing more than a politically correct name for the Internet Tax Bill, a bill that would require online retailers with U.S. sales of more than $1 million to collect and remit sales tax from out-of-state consumers who would not have to pay sales tax under current law.