Wyoming Retail Association ENewsletter                              October 31, 2017

  
 

RSVP Today! WRA To Host Joint Revenue Committee Reception in Cheyenne

The Wyoming Retail Association will host the Legislative Joint Revenue Committee for a reception at the Nagle Warren Mansion in Cheyenne on Monday, December 4, 2017 from 6:00 pm to 8:00 pm.

The Joint Revenue Committee has been tasked with generating three separate proposals this interim to help offset the $400 million shortfall for education funding in Wyoming. The committee intends to draft comprehensive plans that generate $100 million, $200 million and $300 million between now and the start of the 2018 Budget Session.
  
 

 

WRA October 2017 Legislative Update

The Wyoming Retail Association monitors and engages in all business related legislative issues at the state and federal level, to protect and promote Wyoming’s retail industry. As Wyoming continues to grapple with a $400 million education-funding deficit, the Wyoming Legislature will continue to explore all options to offset the shortfall. Your association is monitoring and participating in these discussions as we head towards the 2018 Legislative Budget Session, set to convene on February 12, 2018. You can reach out to WRA Executive Director Chris Brown, directly, at any time by calling (307) 634-8816 x 207 or by emailing chris@wyoretail.org.
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Online Sales Tax Challenge Headed to Supreme Court

Twenty-five years ago, in 1992, the United States Supreme Court ruled in Quill Corp v. North Dakota that a state could not require out-of-state retailers to collect the taxes owed on sales to consumers within its borders, unless the retailer also had a physical location in the state. Quill Corp was a catalog retailer and the Court reasoned that calculating and remitting sales taxes for jurisdictions across the country was too burdensome for catalog retailers selling their wares to consumers in multiple locations.
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NRF Applauds Budget Resolution, Looks Forward to Tackling Tax Reform Next

WASHINGTON, October 26, 2017 –The National Retail Federation praised today’s passage of the final version of a fiscal year 2018 budget resolution, which sets the stage for the introduction of a tax reform bill as early as next week.

“By quickly passing the budget resolution without further delay, Congress has signaled that they’re truly serious about tackling tax reform this year,” NRF Senior Vice President for Government Relations David French said.
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NRF Consumer Survey Points to Busy Holiday Season, Backs Up Economic Forecast and Import Numbers

WASHINGTON, October 27, 2017 – With the holiday shopping season just around the corner, consumers say they will spend an average $967.13 this year, according to the annual survey conducted by Prosper Insights & Analytics for the National Retail Federation and released today. That’s up 3.4 percent from the $935.58 consumers said they would spend when surveyed at the same time last year.
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Everything Small Business Owners Need to Know About the 401(k) Match

In a world where compensation and benefits are the No. 1 way to attract and keep top talent, 401(k) matching tops the list when it comes to meaningful perks with value that grow over time. While an employer contribution isn't required by law, it's a great way to show you're invested in employees' long-term happiness and financial security.
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www.wyoretail.org

ChrisBrown, Executive Director l 307.634.8816, chris@wyoretail.org
Copyright 2017 Wyoming Retail Association

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