Pricing Advantage News Today

Online. >> physical retailer saw foot traffic decline by 2%. with 100 million people expected to make $1 million in online purchases this cyber monday, old debate resurfaces like a pesky pop-up ad over why online retailers enjoying a pricing advantage of 10% are not required as the physical stores are to create state sales taxes. >> every retailer should play by the same set of rules. either all pays sales tax or nobody should. >> there is the marketplace equity act. if enacted the states would ...

Simple solution. right now on-line retailers get a pricing advantage. brick and mortar stores say they have to collect sales taxes in the states where they are located. that makes the prices higher. they can search the internet instead so it doesnt force on-line retailers to collect state sales taxes making prices lower. a pass word situation takes amazon.com as an example. it collects state sales taxes in 6 states. over the next four years additional 7 states will be added to the list. a bipart...

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