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"Today's passage of the Marketplace Fairness Act is a win for local governments and for businesses everywhere. It is the first critical step towards final passage, andour hope now is that the House will also approve it, so President Obama can sign it into law. This legislation will finally level the playing field by requiring all merchants, whether they sell over the counter on Main Street or over the Internet, to collect the same taxes.
"With federal funds to local governments dwindling and few other sources available to municipal leaders for raising revenue, this measure will provide a badly needed funding stream so we can better serve our residents -- from fixing crumbling roads and bridges to funding schools and first responders to maintaining and upgrading water systems.
"And during these tough economic times, the Marketplace Fairness Act will give a fundamental boost to metropolitan economies by helping to stimulate growth and create jobs. This is a victory for basic common sense and bipartisanship."
The U.S. Conference of Mayors is the official nonpartisan organization of cities with populations of 30,000 or more. Thereare 1,295 such cities in the country today, and each city is represented in the Conference by its chief elected official, themayor. Like us on Facebook at, or follow us on Twitter at .
SOURCE The U.S. Conference of Mayors
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