Insights for 7-29-20

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"It is essential that we bring our economy back by ensuring that the consuming public is safe to shop again and that the retail associates that assist them are safe as well. The Healthy Workplace Tax Credit will go a long way to provide some additional liquidity for making the necessary investments in our stores and workers."

National Retail Federation senior vice president David French, in a statement issued by the NRF in support of legislation introduced by Sen. Rob Portman (R-Ohio) that would establish a refundable tax credit against payroll taxes for 50 percent of costs incurred by businesses for COVID-19 testing, personal protective equipment, disinfecting, extra cleaning and reconfiguring workspaces.