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Monday, March 14, 2011

Taxes

News                                                                                                                             
ABC News | Vt. House Approves Internet Sales Tax Crackdown
Vt. House approves Internet sales tax crackdown despite worries it will hurt businesses.
NY Times | Amazon Pressured on Sales Tax
Across the country, state officials struggling with big budget shortfalls are trying to get Amazon.com to take on a role it does not want: tax collector.

Blogs                                                                                                                             
Cato@Liberty | Norquist Is Right, Coburn Is Wrong: Tax Increases Undermine Good Fiscal Policy
First, we have a spending problem, not a revenue problem or a deficit/debt problem. Red ink is undesirable, to be sure, but it is a symptom of the underlying problem of a government that is too big and spending too much.

Reports                                                                                                                         
Tax Foundation | Countdown to #1: 2011 Marks 20th Year That U.S. Corporate Tax Rate Is Higher than OECD Average
This will leave the U.S. rate a full 10 percentage points higher than the weighted average of our major economic competitors.