President Obama’s fiscal year 2015 budget proposes to increase taxes on individuals by over $820 billion and on businesses by about $500 billion, for a total of over $1.3 trillion in new taxes over the next ten years....
- The Tax Policy Blog
- What's in the Marketplace Fairness Act?
What's in the Marketplace Fairness Act?
The Marketplace Fairness Act, currently under consideration by Congress, would give states the authority to collect sales tax on Internet purchases by requiring collection by out-of-state retailers. In return, the Act requires states to take steps to simplify their sales tax systems. What does the bill require and what does the bill leave out?
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About the Tax Policy Blog
The Tax Policy Blog is the official weblog of the Tax Foundation, a non-partisan, non-profit research organization that has monitored tax policy at the federal, state and local levels since 1937. Our economists welcome your feedback. If you would like to send an e-mail to the author of a blog post, please click on that person's name to locate his or her e-mail address or visit our staff page here.