Topic: National Taxpayers Union
The Senate voted late Monday to require e-commerce businesses to collect sales taxes from buyers. The Marketplace Fairness Act may bring as much as $23 billion, by one estimate, in online sales tax revenue to states and cities. It faces an uncertain future in the House.
While the US farm belt is mining its groundwater, Brazil is expanding production and lowering the cost of raising food.
The new measure would allow states to require online retailers to collect sales taxes on all purchases, as long as the states first agree to simplify their sales tax rules. Remarkably, the idea has broad support in the business community and may actually pass.
11/17/2011 04:00 pm
Cutting employees, raising taxes, and delaying payments to vendors could slow economic recovery, experts say, but perhaps only slightly.
01/19/2011 05:10 pm
Members of the Tea Party movement say they are not beholden to the GOP.
03/18/2010 04:12 pm
Fiscal watchdogs are skeptical of Obama's move to give US loan guarantees for the construction of nuclear power plants, citing risk of default. Wall Street, too, has been reluctant to invest. Might that change now?
02/16/2010 07:30 pm
But will Tea Party protest energy help or hobble the Republican Party? They're challenging some GOP candidates and could split the vote in those races.
10/17/2009 01:00 am