Wednesday, March 21, 2018

Retailers don’t want to be Baker’s $1B ‘guinea pig,’ group says

Biz Journals

Gov. Charlie Baker won cheers from Massachusetts retailers this month with legislation that would make the annual sales-tax holiday permanent. But on another new proposal, he and the industry find themselves at loggerheads.

In a letter to state lawmakers on Monday, the Retailers Association of Massachusetts strongly opposed Baker’s proposal to require retailers to hand over sales taxes on certain purchases to the state daily, rather than monthly, saying it would cost more than $1 billion to implement without providing any meaningful benefit.  . . . more