Fourth 7-Election presidential coffee cup poll gets underway. 7-Eleven is announcing its fourth 7-Election presidential coffee cup poll, where customers vote by buying a cup that represents their preferred candiate. In past years, millions of everyday Americans have participated in the 7-Election vote as they go about their daily routines. While many states offer early…
Supreme Court Upholds Health Care Law
“The Court’s decision to keep in place employer mandates will place significant burdens on nearly 40% of our industry and put these businesses at a substantial competitive disadvantage,” says NACS chairman. The Supreme Court upheld President Barack Obama’s 2010 health care law Thursday, June 28, 2012, MSNBC Online reported. The ruling allows the government to…
Could A Value-Added Tax Be Next?
President Barack Obama in an interview with CNBC Wednesday noted the possibility of a new value-added tax (VAT) is still on the table, although White House spokesmen insist it’s no longer being considered, the Associated Press reported. A VAT is normal in many European countries, which tax the value added at each stage of production…
President Obama Signs PACT Act
NACS and convenience retailers are enjoying a huge win today, thanks to enactment of the Prevent All Cigarette Trafficking Act (PACT Act), which addresses the long-standing convenience store industry concern of tax evasion via remote sellers of tobacco products. Today’s White House signing by President Barack Obama caps a 10-plus year effort by retailers to…