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Roger Saunders

Managing Director
PROSPER BUSINESS DEVELOPMENT / BIGinsight

NRF Addresses Open Letter to President Obama

January 16, 2012

FROM RETAILWIRE:
NRF sent a letter to President Obama last week urging him to advocate for policies that will help the retail industry grow and create jobs, including supporting sales tax fairness and free and open trade initiatives. Of the legislation issues mentioned in NRF's letter, which do you think are most important for the retail community to lobby for?      [more...]

MY COMMENTARY:

Freeing retailers from excess regulation, opening free trade channels, bolstering corporate tax consistency, repeal of the health care mandates, and attention to infrastructure -- all represent the economic and political focus around which to rally.

The debit card swipe fee was covered by the Dodd-Frank Bill. However, now that retailers will begin to experience cost-savings from this avenue, don't hold you breath that those fees will be passed on to consumers.

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