Retailers Blast Payroll Tax Proposal

The Retail Industry Leaders Association (RILA) issued the following statement from Senior Vice President, Government Affairs Austen Jensen in response to a proposal introduced today by Senator Ron Wyden (D-OR) to increase payroll taxes on businesses.

"Threatening businesses with a whopping payroll tax increase--many of whom were shut down for months in 2020, and had their operations restricted by as much as 75% throughout the holiday season--should be a non-starter for anyone who cares about economic recovery and getting furloughed workers back on private sector payrolls. This shouldn’t be brought up under a 50-vote scenario or a 60-vote scenario; it’s a terrible idea."

RILA is the US trade association for leading retailers. We convene decision-makers, advocate for the industry, and promote operational excellence and innovation. Our aim is to elevate a dynamic industry by transforming the environment in which retailers operate.

RILA members include more than 200 retailers, product manufacturers, and service suppliers, which together account for more than $1.5 trillion in annual sales, millions of American jobs, and more than 100,000 stores, manufacturing facilities, and distribution centers domestically and abroad.
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