It looks like we are close to having a $789 billion stimulus plan pass through Congress, and a number of real estate trade groups seem happy about it.But one organization, the National Retail Federation, is less than enthused. In its statement, the NRF says the plan will not do enough to boost consumer spending.The group is saying that what needs to be included in the plan are national sales tax holidays. "The increased sales resulting from these holidays would provide a direct infusion of liquidity into the economy estimated at $20 billion," says Steve Pfister, NRF's SVP of government relations, saying it would create jobs and boost consumer confidence.One article says that consumers are finally apt to save then spend, and a tax holiday would only be a temporary fix.Do you think the stimulus plan could, or should, do more for retail?
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