Sens. Dick Durbin, D-Ill., and Mike Enzi, R-Wyo., are “pro-taxers”...
Sens. Dick Durbin, D-Ill., and Mike Enzi, R-Wyo., are “pro-taxers” who are “trying to avoid a debate on the merits” of an e-commerce sales tax bill by adding it as an amendment to the Small Business Jobs and Tax Relief…
Sign up for a free preview to unlock the rest of this article
Timely, relevant coverage of court proceedings and agency rulings involving tariffs, classification, valuation, origin and antidumping and countervailing duties. Each day, Trade Law Daily subscribers receive a daily headline email, in-depth PDF edition and access to all relevant documents via our trade law source document library and website.
Act, the Institute for Policy Innovation said Wednesday. The amendment amounts to proposing a “tax increase” in a bill “claiming to reduce taxes,” the group said. The Marketplace Fairness Act, whose House version is to be taken up Tuesday by the House Judiciary Committee, inevitably “involves trampling on Supreme Court precedent” that prevents states from taxing an entity without a “presence” in the state, said IPI Policy Counsel Bartlett Cleland in an email blast (http://bit.ly/LXNkGc). States don’t need to fix a presumed “loophole,” which is actually “firm (and re-affirmed) constitutional law,” because their tax receipts rose by an average 8.9 percent in the fiscal year ended June 2011, he said, citing April 2012 Census Bureau figures.