News
Fortune | Offshore account holders win a victory in government tax case
The Justice Department got a black eye last week in a case involving a 79-year old Florida widow with $43 million in offshore accounts.
Roll Call | Republicans Consider Tying Ambitious Tax Overhaul to Debt Limit Talks
House Republicans are discussing plans to bring an overhaul of the tax code into an upcoming fight with President Barack Obama over raising the debt ceiling, but they do not see a tax rewrite as a substitute for the big spending cuts they also hope to achieve.
Washington Post | Online sales tax forges odd political alliances
In what has become an unusual political dispute, legislation to allow state and local governments to collect sales tax on online transactions has rearranged some of the traditional battle lines in Washington. Called the Martketplace Fairness Act, the bill has found supporters and critics in both parties and split the oft-united retail community right down the middle.
Blogs
CATO | The American Roots of Tax Aversion
In last Sunday’s Washington Post, Jennifer Rubin wrote that Republicans must move beyond their adoration of Ronald Reagan and recognize
Heritage Foundation | Internet Sales Tax: Here Come the Auditors
Internet sales tax legislation could subject small online businesses to up to 46 state audits. And since sales taxes vary among thousands of tax jurisdictions across the country, the chances that auditors will find mistakes—and slap the business owners with penalties—are very good. If truth-in-advertising requirements applied to legislation, says Heritage Action’s Dan Holler, the Marketplace Fairness Act would be renamed the Tax Audits from Hell Act of 2013.
