Congress needs to pass the Marketplace Fairness Act.
According to a July 2013 study by Arthur B. Laffer and Donna Arduin, passage of the MFA would allow states to close the online sales tax loopholes, resulting in a larger tax base. It would lower taxes for all taxpayers, create 1.5 million jobs in the next 10 years and increase the GDP by at least $560 billion dollars.
Apache Mall is an economic engine and catalyst for growth in Olmsted County. Apache Mall contributes more than $6.3 million annually in property and sales taxes that pay for critical life-safety services, such as law enforcement, firefighters, education and other services.
As the general manager of Apache Mall, I can report that the mall employs more than 1,300 part- and full-time employees. Passage of the MFA would allow Apache Mall and other brick-and-mortar retailers to compete fairly against online retailers. Brick-and-mortar retailers are the economic engine that drives the local economy.
The MFA passed the Senate in May 2013. It's now in the House of Representatives. Passing the MFA is about enforcement of current tax law. Taxation should be fair, no matter where you shop.