Despite record-setting revenues, billions in reserve accounts, and promising industry forecasts, U.S. airports are lobbying Congress to increase the passenger facility charge (PFC), a move that would make flying more expensive for the more than 90 million air travelers that board planes in Tampa International or Miami International Airports or elsewhere in Florida every year. […]
Preventing duplicative and discriminatory taxes on digital goods means more money in the pockets of consumers, and more freedom to shop as they choose. To read this opinion piece, visit THE HILL.
A major assault on consumer sovereignty is imminent, according to newly unveiled plans by the EAT-Lancet Commission, a billionaire-funded organization with deep ties to radical food activists, to impose a near-vegan diet on the world’s population through punitive taxation, rationing, and outright bans of disfavored products. A few weeks ago, EAT-Lancet released a report promoting […]
Banks Regularly question the legitimacy of credit unions’ exemption from federal taxes. The casual observer may wonder why credit unions, which take deposits and make loans, are treated differently for taxes purposes than are banks which perform like services. The justification comes from unique functions performed by credit unions. The exemption from taxation was explained […]
Researchers at the Children’s Nutrition Research Center at Baylor College of Medicine have dealt another blow to the case for taxing sugar-sweetened beverages (SSB). The new study, published earlier this month in Current Nutrition Reports, found that “the evidence supporting [a] relationship between SSB consumption and child body mass index (BMI) is consistently small and […]
24 million Americans — many of whom live in rural areas — don’t have access to high-speed, broadband internet in their homes. But a new study says that next generation wireless broadband, 5G, may be within reach for many rural Americans, if only state and local governments reduce fees that discourage private-sector investment. To read […]
The head of the Florida Bankers Association recently opined that credit unions aren’t paying enough in taxes. The comment was rich, considering that banks control 93% of financial depository institution assets. Deemed too big to fail, it was these very banks that turned their backs on consumers and small businesses during the last recession, while […]
Forty-seven groups sent a letter to the House of Representatives calling for all of the individual tax provisions from the “Tax Cuts and Jobs Act” to be made permanent. The coalition letter is available here.
Today, a coalition of over 40 state and national conservative and tax policy organizations urging Congress to pass pro-growth tax reform before the end of the year. In a letter sent to every member of Congress, the coalition emphasized the urgent need to pass legislation that will provide tax relief for middle-class families, spur job […]
The President’s outline for tax reform sketches the broad outline for lower corporate and individual rates and for closing loopholes. This reform is vital and would be a major economic stimulus. However, the plan lacks many details that will need to be decided. Repatriation of overseas profits back into the U.S. and the “expensing” of […]