News
Accounting Today | More than $1.1 Billion in Tax Refunds Still Unclaimed
Refunds totaling more than $1.1 billion may be waiting for nearly 1.1 million people who did not file a federal income tax return for 2007, according to the Internal Revenue Service.
Econ Comments
Fortune | The payroll tax cut isn't working
When Congress approved sweeping tax cuts last year in hopes of giving the economy an extra boost, it might not have anticipated how much oil and food prices would weigh on consumers.
AEI | Responding to VAT: Concurrent Tax and Social Security Reforms
If a VAT is adopted, it should be used to eliminate the corporate income tax and its assortment of economic inefficiencies.
Blogs
Forbes: Janet Novack | Are Amazon.com’s Days Of Tax Free Selling Numbered?
Hasn’t Amazon successfully fended off pesky state tax collectors for 16 glorious years? Yes, but the battle has entered a new stage as Amazon builds warehouse/fulfillment centers in more locations, states grow hungrier for revenue, and a rising sales tax rate (it now averages 9.64% nationwide) puts retailers who do collect tax at an ever bigger disadvantage.
CSM: The Adam Smith Institute Blog | Three ill-advised British tax hikes
Changes to income tax, insurance rates, and fuel duty will take effect in April.
