In continued news of people responding to tax competition, online retail giant Amazon.com Inc. has announced it is scrapping deals in Arkansas and Connecticut due to new legislation requiring new online retail taxes. As the Wall Street Journal reported: Amazon.com Inc. severed its affiliations with websites in Connecticut and Arkansas because of new state taxes […]
read more...The Wall Street Journal opines about the latest bone-headed move by New York politicians to drive away productive activity. Connecticut is not exactly a low-tax jurisdiction, but sometimes being less worse is all that’s necessary to win a tax competition battle. Connecticut Governor Jodi Rell, a Republican who usually doesn’t mind higher taxes…has nonetheless declared […]
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