Knoxville businessman Scott Schimmel has joined small business owners from the country on the National Small Business Advisory Board for the Alliance for Main Street Fairness.
The alliance is an advocacy group lobbying for passage of a federal law closing the loophole that allows online-only retailers avoid collecting sales tax.
The Marketplace Fairness Act has passed the Senate and now awaits action by the House. Passage by the Republican-dominated House is not guaranteed, but the bill does have some measure of bipartisan support.
Tennessee Republican Sens. Lamar Alexander and Bob Corker both support the bill. As does Tennessee Gov. Bill Haslam, who sees the bill as a way to increase tax revenue without adopting new taxes.
Click here for more on the Alliance for Main Street Fairness.
Mixing politics and business is always fun as we’ve seen this week with the emerging fued between celebrity businessman Donald Trump and Tennessee Republican Sen. Lamar Alexader.
Alexander tossed the first jab, telling CNN that Trump has “absolutely no chance of winning” the presidency. But Trump won the bout with this smackdown: “Sen. Lamar Alexander, who I do not know and have heard very little about over the years, perhaps because of a certain ineffectiveness … “
Let’s hope there’s a rematch. It’s going to be a long presidential campaign and we will need comic relief.
Struggling East Tennessee businesses should send Ohio Republican Sen. George Voinovich a thank-you note for providing the crucial 60th vote for a bill that will deliver $30 billion in credit and $12 billion in tax breaks to small businesses.
And while they’re at it, business owners should send lumps of coal to Tennessee senators Lamar Alexander and Bob Corker. The Tennessee Republicans have toed the party line and helped hold the much-need bill hostage to filibuster.