Tens of thousands of Hungarians rallied to protest a proposal to create a tax on internet usage in Hungary. In response to the first protest on Sunday, the Hungarian government limited its proposal.
We'd like to thank legislatures in Florida and Virginia for promoting sound tax policy by doing nothing at all.
The special session produced much partisan bickering and recrimination, but no new taxes, as the Republican House of Delegates and Democratic Senate could not come to terms on a plan. After the session crumbled on Thursday, Kaine offered what appears to have been praise for legislators:
I don't think I've ever seen a group work so hard to do nothing. It was doing nothing taken to an art... It was like a "Seinfeld" episode, the show about nothing.
We agree: Seinfeld was a great television show, and ‘nothing' was a great outcome for this special session.
Sales tax holidays look like a boon to the consumer, but as we have written previously, they make the sales tax less neutral across products and time and increase retailers' compliance costs. When Florida's coffers are flush once again, legislators should look to make broad-based reductions in the sales tax rate, rather than narrowing the tax's base with holidays.
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