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Tuesday, April 23, 2013

Taxes

Econ Comments & Analysis                                                                                            
Politico | Restore states’ authority to collect online sales tax
Just last month the Senate demonstrated overwhelming, bipartisan support for the Marketplace Fairness Act, a bill to level the playing field between Main Street and Internet sellers when it comes to sales tax. A symbolic show of strength, these 75 senators stand in stark contrast to those who oppose this common-sense legislation.
WSJ | The Mom & Pop Internet Sales Tax
This week the Senate is expected to vote on an Internet sales tax bill that would hurt small business and job growth in America. For small businesses, there is nothing fair about the Marketplace Fairness Act.
Washington Times | A reckless Internet sales tax
Some ideas are just bad timing, and some ideas are just plain bad. The Internet sales-tax legislation being rushed to the Senate floor, the so-called Marketplace Fairness Act, has the dubious distinction of being both.

Blogs                                                                                                                             
CATO | Why Art Laffer’s Unfortunate Endorsement of a State Sales Tax Cartel Is Misguided
Art Laffer has a guaranteed spot in the liberty hall of fame because he popularized the common-sense notion that you can’t make any assumptions about tax rates and tax revenue without also figuring out what happens to taxable income.