WASHINGTON (FNS) -- Retailers' worst nightmare, a federal retail sales tax, has reared its head on Capitol Hill. House Ways and Means Committee chairman, Rep. Bill Archer, R-Texas, said he expects to introduce legislation for a broad-based "tax on the consumption of goods and services" this fall. Last week, he planned to start holding extensive hearings on tax reform, with a goal to enact a bill into law next year. Archer's tax would be in the form of a retail sales tax or a value-added ...
REGISTER TO VIEW THIS ARTICLE - Register for a Free Account
Registering for content on Supermarket News will give youINSTANTaccess to invaluable articles and media content that industry professionals rely on. You will have access to our special reports, feature articles, and industry analysis. It’sFREE, easy and quick. What are you waiting for!In addition you will also receive a complimentary copy of SN's salary survey sent to you by email.
Attention Paid Print Subscribers: While you have already been grantedfreeaccess to SNwe ask that youregister now.We promise it will only take a few minutes! Or visit your profile and add your print magazine account number and zip code.