It seems straightforward: Taxing sugary beverages makes them more expensive, reducing consumption and leading would-be soda-guzzlers to lead healthier lives. Obesity declines, as do the myriad health conditions associated with a sugar-rich diet. Success! That’s the argument being made in jurisdictions around the world — including here in the U.S. — in favor of taxes […]
A coalition of taxpayer and consumer groups is urging the U.S. Senate to reject a proposal to reimpose federal price control regulations on air travel that have long been proven to hurt consumers and drive up costs for taxpayers. The so-called “FAIR Fees Act,” which is currently part of the Senate’s Federal Aviation Administration (FAA) […]
A number of states are trying to tax out-of-state business sales. However, Congress has proposed a solution that will prevent the collection of taxes on remote sales. You can read the coalition letter here.
In most states we are accustomed to taxes on assets, but in some states, taxes on property are so punitive that they lead many taxpayers to consider relocating to a less hostile state. State income taxes may add even stronger reasons to migrate. For example, the state income tax rates imposed on long term capital […]
Airports are using misleading claims and fuzzy math to lobby Congress for an increase in the passenger facility charge (PFC), a hidden tax on virtually every air traveler in the United States, whether you travel to New York, Los Angeles or Orlando. U.S. airports are already on track to collect billions in PFCs, and when […]
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 […]