Legislators Support Online Sales Tax

supermarketnews.com DATAPOINTS May 20, 2013 LEGISLATORS SUPPORT ONLINE SALES TAX consumers by Endica, a provider of technology for online delivery, 61% of consumers said they oppose the bill, which is supported by many retail associations, including Food Marketing Institute. WASHINGTON – The U.S. Senate voted 69 to 27 in favor of the Marketplace Fairness Act, which would allow state governments to begin collecting tax on online sales to consumers in their states. Consumers, as one might expect, are not as supportive. According to a poll of more than 1,000 SOURCE: SN Research, Endica 15% Why Consumers Oppose the Tax Why Consumers Support the Tax (Of the 39% who support it) of consumers age 18- 25 will buy less online (Of the 61% who are against it) % if purchase is taxed SOURCE: Endica consumer poll Creates fairness People are already overtaxed 40% for bricks-and- 35% mortar retailers Should Online Retailers Collect Sales Tax? SN Readers Say 'No' to Internet Tax Tax is unfair to small online retailers State and local 14% governments 15% need the money Both of the above 46% Both of the above 50% 62% No SOURCE: Endica consumer poll 30% Yes "The current state of inconsistent sales and use tax collection in the United States makes legislation like the Marketplace Fairness Act a necessity." 8% - JENNIFER HATCHER, Sr. VP of government and public affairs, FMI Not sure SOURCE: SN website pol 11% What Would Shoppers Do? Online Sales 2012 . .$258.9 billion 2017 ... $434.2 billion (est.) Projected loss of in-store grocery 40% 44% No impact on shopping habits Buy fewer products online sales to online retail in 10 years SOURCE: FMI 2013 Trends report SOURCE: e-Marketer 12% Buy more at local retailers Support By Party 4% Buy more at large retail chains SOURCE: Endica consumer pol REPUBLICAN CONSUMERS THAT SUPPORT THE BILL 34% 242.3aillion DEMOCRATIC CONSUMERS THAT SUPPORT THE BILL 42% Loss of state revenues in 2012 to lack of online sales tax. SOURCE: National Conference of State Legislators SOURCE: Endica consumer poll