As if we needed proof that Budget & Tax News Managing Editor John Skorburg will never run out of stories to cover, the December 2003 issue reports on VATs and international trade, tobacco taxes, beer taxes, internet taxes, income taxes, sales taxes, property taxes, and more. On page 1 alone:
- Skorburg reports that the U.S. and European Union are on a “collision course” over taxes, after the World Trade Organization ruled against the U.S. in controversies over steel tariffs and the taxation of Foreign Sales Corporations.
- Heartland Vice President Diane Bast reports on a New York proposal to assess state tobacco taxes against vendors operating on currently exempt Indian Nation lands.
- Frank Conte of the Beacon Hill Institute says Massachusetts Governor Mitt Romney earns a B+ grade for fending off pressure to raise taxes in the face of a FY2003 budget shortfall.
- Christine Hall of CNSNews describes the implications of the U.S. Senate’s failure to act by November 1 on the expiration of a federal ban on Internet taxes.
This issue also reports on a “soak the rich” tax plan proffered by Presidential hopeful Senator Joe Lieberman (D-Connecticut); the European Union’s effort to impose a VAT on Internet sales; a beer tax proposal in Pennsylvania (and efforts in Congress to rollback the federal version); which states give and get the most from the federal government; a Philadelphia proposal to implement land value taxation; and the IRS’s plan to step up enforcement measures. Stories from California, Illinois, Kentucky, Maine, Mississippi, New Mexico, Pennsylvania, and South Carolina round out the issue.
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