12/02/13 05:30 PM
WASHINGTON (AP) — On perhaps the busiest online shopping day of the year, the Supreme Court refused to wade into a dispute over state sales taxes for purchases on websites like Amazon.com, an outcome likely to prompt more states to attempt to collect taxes on Internet sales. Monday's court...
By Timothy P. Carney | 12/02/13 03:09 PM
If you're a business, the best way to get fat profit margins is by erecting (or finding yourself surrounded by) barriers to entry. Regulations are often efforts by incumbent businesses to erect barriers to entry, thus allowing for higher profit margins.
12/02/13 10:57 AM
The justices, without comment, today rejected appeals by Amazon and another Internet retailer, Overstock.com Inc., which said New York is violating the Constitution by demanding tax collection from companies that don’t have facilities in the state. New York’s top court upheld the state law.
11/27/13 09:03 AM
Media reports are filled with stories of wealthy New Yorkers and pro golfers in California threatening to move to escape high taxes. Travis Brown, author of "How Money Walks," said there is a "mass exodus" of money from high tax to low tax states. He said New York is losing $7,100 a minute in...
By Bloomberg News | 11/27/13 08:49 AM
With less than three weeks until their deadline, U.S. budget negotiators have yet to break an impasse over revenue, prompting lawmakers to draft plans to blunt $19 billion in defense cuts set to start in January.
By Paul Bedard | 11/27/13 07:44 AM
Lawmakers frustrated that Congress won't consider comprehensive immigration or tax reform can blame the 906 pages it took to write the Affordable Care Act and the subsequent 20,000 pages of regulations to enforce Obamacare.
By Sean Higgins | 11/26/13 05:29 PM
It's official: Union-managed multi-employer health insurance plans are getting a special exemption from an Affordable Care Act -- also known as Obamacare -- tax. To make up for the lost revenue, taxes are going up on other plans. The rules change, first proposed by the White House earlier this...
By Alfonso Aguilar and Rich Danker | 11/26/13 03:15 PM
As Puerto Rico marked the Nov. 19 anniversary of its discovery by Christopher Columbus, the Obama White House announced it was dispatching an interagency task force to give advice to the island's beleaguered government. With nearly $70 billion in public debt and a credit rating hovering near...
11/25/13 01:16 PM
(www.bloomberg.com) With less than three weeks until their deadline, U.S. budget negotiators have yet to break an impasse over revenue, prompting lawmakers to draft plans to blunt $19 billion in defense cuts set to start in January.
11/25/13 11:30 AM
(dailycaller.com) Montana Democrat Sen. Max Baucus’ tax reform proposal takes aim at tax benefits enjoyed by the oil and gas industry, but makes no policy recommendations on renewable energy tax subsidies. Baucus,
By Charlie Spiering | 12/04/13
By Paul Bedard | 12/04/13
By Paul Bedard | 12/04/13
By Byron York | 12/03/13
By Noemie Emery | 12/04/13