Chicago Ald. George Cardenas has proposed raising taxes on sugary drinks in an effort to correct the city’s budget woes. Last night, the effort appeared to fizzle, as community members and elected officials objected to the sin tax, noting that the tax would have little effect on both the budget and Chicago’s long-term health.
Tagged: sales taxes
The Marketplace Fairness Act has once again risen from the dead. A group of legislators has once again introduced legislation which would significantly change how online retailers are taxed. The[…]
In this episode of the Budget & Tax News podcast, Buckeye Institute for Public Policy Solutions analyst Joe Nichols joins the show to explain how several states are trying to cheat the system and profit from Medicaid expansion.
The Heartland Institute has compiled a list of legislators, journalists, and think tank leaders across the conservative and libertarian spectrum that strongly oppose the Marketplace Fairness Act.
In the past few years, members of Congress have proposed several bills to expand states’ ability to tax purchases made online and from mail-order catalogs. Yesterday, U.S. Sens. Mike Enzi[…]