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Thursday, September 5, 2013

Taxes

News                                                                                                                             
CNN Money | Americans turn in passports as new tax law hits
The number of Americans choosing to give up their citizenship has spiked dramatically this year as the government works to implement a new disclosure law aimed at stamping out tax evasion.

Econ Comments & Analysis                                                                                            
Forbes | Amazon Can Support The Internet Sales Tax Because Amazon Is Exempt
Proponents of the Marketplace Fairness Act, which would force businesses to collect and remit sales taxes to at least 46 different state tax jurisdictions, argue that the legislation would ‘level the playing field’ between remote retailers and brick and mortar retailers, solve budgetary woes, and collect tax that is already due.