Retailers Blast Payroll Tax Proposal

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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