Supreme Court's Online Sales Tax Ruling Gives States a Win
“The decision leaves e-commerce and especially small sellers extremely vulnerable to states gluttonous for tax revenue particularly from consumers and businesses with no representation in their state,” said Tom Giovanetti, president of the Institute for Policy Innovation.
Amazon Shares Fall After Supreme Court Ruling on Sales Tax, As Brick-and-Mortar Retailers Gain
“The decision leaves e-commerce and especially small sellers extremely vulnerable to states gluttonous for tax revenue particularly from consumers and businesses with no presence in their state,” IPI president Tom Giovanetti said in a statement.
SCOTUS Wayfair Decision Threatens e-Commerce, Economic Growth
In Thursday’s Wayfair decision, the Supreme Court overturned 25 years of its own precedent and decided that states will be able to assess sales taxes on internet transactions, siding with the state of South Dakota against Wayfair and other online sellers.
Where Steel Tariffs Will Hit Hard: Your Gas Tank
Imposing steel tariffs will force consumers to pay more for electricity and to fill their tanks.
Trump's Right, China and the G-7 Countries Do Have Higher Tariffs
President Trump has just slapped a 25 percent tariff on about $50 billion worth of Chinese products. His complaint is that China imposes significantly higher tariffs on the U.S. than the U.S. imposes on China. According to the World Trade Organization, the president is correct.
Could Trump Administration Help Take Obamacare Down?
The Trump administration is siding with a court case that says the Affordable Care Act is unconstitutional.
Social Security Isn't 'Going Broke' - It's Already Broke
If Social Security must pay out more than it receives, which the trustees say will happen this year for the first time since 1982, the government cannot draw from other assets because doesn’t have any.
Single-Payer Health Care Won't Pass Muster in California or Other States
The good news is that state-level Democrats can rattle the single-payer saber in the hope of attracting progressive voters, but they can't do much about it.
NAFTA Negotiators Must Protect U.S. Intellectual Property
If a new NAFTA doesn't improve intellectual property protection, it's not a better deal.
Give Wayfair (and Americans) A Fair Break on Taxes
If South Dakota wins, all of us may confront tax demands from states and localities we've never visited and have nothing to do with.