What the Supreme Court Might Cost Us

The Supreme Court decision on South Dakota’s internet taxes will affect local and online businesses, consumers, and state budgets.

Weekly Roundup: From Savers to Shoppers

This week’s economic news summary includes sales tax debates,municipal revenue, stock markets and politics, Uber’s externalities, and productivity problems.

When to Tax a Bologna Sandwich

Depending on whether an item is defined as a necessity or a luxury and how much revenue a municipality needs, state sales taxes very considerably.

Sin Taxes: Cigarettes

Revenue, abstinence…or maybe neither? Our story starts in New York State. Recognizing the health risks of cigarettes and the potential for generating revenue, New York State levied one of the highest cigarette taxes in the country. As a result, throughout…

Amazon vs. California

According to the Seattle Times, in 1996, Amazon’s CEO, Jeff Bezos said, “You have to charge sales tax to customers who live in any state where you have a business presence. It made no sense for us to be in…

A High, Low, or No Soda Tax?

States debating a tax on soda have to decide whether they want to raise revenue or diminish obesity. If a sales tax on soda is not very high, people will continue buying sugary drinks. The result? The state gets more…