News
Bloomberg | High-Speed Rewrite of Tax Code Falters as Lawmakers Bicker Over the Basics
The collapse of efforts to kick off a U.S. tax code overhaul through a debt-ceiling compromise demonstrates how difficult it will be for lawmakers to rewrite the nation’s revenue laws.
NY Times | Amazon Backs End to Online Sales Tax in California
Amazon said Monday that it would back a California ballot initiative that would roll back a new state law that forces more online retailers to collect sales tax.
Econ Comments
Washington Times | EDITORIAL: Obama’s coal tax
New EPA rules mean 1.4 million fewer jobs, higher electric bills.
Daily Caller | I’d replace the income tax with the Fair Tax
Paying taxes is a fact of life, because there are certain things that our federal government must provide, as enumerated in the Constitution. But paying taxes does not have to be unfair, burdensome and costly. Our current system of taxation is all three.
Cato Institute | Patriotic Taxation or Unpatriotic Redistribution?
A more peculiar advocate for higher taxes is "Patriotic Millionaires for Fiscal Strength." The group has a website and its members wrote an open leader urging the president and congressional leaders "to put our country ahead of politics." How? By increasing taxes on incomes greater than a million dollars.
