Marketplace Fairness Update: New report "Pro-Growth Tax Reform and E-Fairness" by Arthur B. Laffer and Donna Arduin

Excerpted from Forward by Colin Hanna, President Let Freedom Ring:

“Dr. Arthur Laffer is one of the undisputed giants of conservative economic thought and the father of supply-side economics. He argues in Pro Growth Tax Reform and e-fairness—a study released in conjunction with our organizations—closing the online sales tax loophole is not only necessary to address a fundamental inequity in the free market, but also could help drive us back to the kind of economic growth we saw between 1960 and 1999.

Dr. Laffer and his co-author, Donna Arduin, point out that online sales are in fact already subject to state and local sales and use taxes. However, the vast majority of taxpayers fail to remit the tax owed with their income tax returns. Today’s system is confusing and inefficient, and ultimately amounts to government’s thumb on the free market scale.”

Table of Contents/report topics:

• Summary and Conclusion
• E-Fairness and Fiscal Federalism
• The Economic Consequences of a Declining Sales Tax Base and Rising Tax Rates
• Sales Taxes and the Internet: How We Got Here
• The Internet Tax Advantage and a Pro-Growth Tax Reform
• The Theory and Evidence Supporting The Implementation of Pro-Growth Tax Systems
• Applying Pro-Growth Lessons to the Problem of E-Fairness

Download the report, Pro-Growth Tax Reform and E-Fairness, Dr. Arthur Laffer and Donna Arduin. For updates on e-fairness legislative updates and other resources, visit the MarketPlace Fairness Coalition Website.