Newswatch

NRF SEEKS SALES-TAX HOLIDAYS WASHINGTON The National Retail Federation here has asked President-elect Obama for a two-pronged economic stimulus program to encourage consumer spending. The association's short-term proposal calls for three, 10-day national sales tax holidays one each in March, July and October that would cover a broad range of goods. The NRF suggested that the federal government reimburse

NRF SEEKS SALES-TAX HOLIDAYS

WASHINGTON — The National Retail Federation here has asked President-elect Obama for a two-pronged economic stimulus program to encourage consumer spending. The association's short-term proposal calls for three, 10-day “national sales tax holidays” — one each in March, July and October — that would cover a broad range of goods. The NRF suggested that the federal government reimburse states for lost tax revenues during those periods. The NRF also sugge

Register to view the full article