News
Politico | Lawmakers unveil an online sales tax bill, again
Lawmakers unveiled Thursday what they hope will be the final federal online sales tax bill, promising that this will be the year Congress deals with the issue.
National Journal | Carbon Tax a Long Shot, but Here’s How It Would Work
A pair of Democratic senators just announced legislation that would tax carbon emissions and use the proceeds to fund clean-energy projects and provide rebates to consumers. They know the bill is almost certain to fail in the GOP-controlled House. When it does, it will set the stage for the “executive actions” on climate change that President Obama promised during Tuesday’s State of the Union address.
Econ Comments & Analysis
WSJ | Europe Taxes the World
Stop the digital printing presses. The Obama Administration has found another tax it doesn't like—too bad this one is also in Europe. U.S. opposition helped to sink the EU's airline carbon tax last year, and this week the Treasury came out against the new tax on financial transactions by 11 EU nations.
Washington Times | Now the shuffle on tax reform
Both presidential candidates — and the leaders of both political parties — were outspoken in their support for tax reform last year. Democrats have reneged on their pledge, however, hurting the cause of deficit reduction.
