Plenty of "sin taxes" have been proposed this past year: an 18 percent tax on non-diet soda (NY), a 7 percent poured drink tax (Pittsburgh), a 5 cent bottled water tax (Chicago), an 1800% hike in beer taxes from $1.30/keg to $24.80/keg (OR), a $5 charge on entries into strip clubs (TX), etc.
Well, no one puts it better than our friend Remy:
On March 21, the Senate voted 79 to 20 to pass a nonbinding budget amendment encouraging the repeal of the Affordable Care Act’s medical device excise tax. This is a 2.3 percent tax on total sales of...
The Institute on Taxation and Economic Policy (ITEP) released a report last month titled Who Pays? A Distributional Analysis of the Tax Systems in All 50 States.[1] The study...
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President Obama just announced at a press conference that he has directed Treasury Secretary Jack Lew to demand the resignation of the Acting IRS Commissioner, Steven Miller. CNN then obtained Miller's resignation letter...
In a press conference this weekend, Minnesota lawmakers announced an overview of their budget agreement. Though some details remain unspecified, the major tax provisions are disappointing.
Here’s what we do know....