Many small businesses that ship online will be hurt by this ruling. Complying with the tax codes for 48 states that charge sales tax will be crippling for many of them. There will be a need for a third party to manage the sales tax issue for thousands of small online businesses. This will likely serve to make Amazon and other large online retailers bigger and more powerful in the internet sales arena.
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from Steve Forbes at Forbes Magazine, Reckoning for Biggest Wrecker of U.S. Economy: Economies aren’t machines that can be calibrated, like automobiles. They are billions of people making decisions numerous times a day. The idea that central planners, whether they’re
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an explanation of Rent Seeking Behavior and its social costs in Forbes, What is Rent Seeking Behavior Rent-seeking never encourages productivity. The production of valuable goods and services is maximized with strong property rights when little is wasted in efforts
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James Taylor from Forbes, Global Warming Alarmists Caught Doctoring ’97-Percent Consensus’ Claims Viewing the Cook paper in the best possible light, Cook and colleagues can perhaps claim a small amount of wiggle room in their classifications because the explicit wording
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from Forbes Five Years Of Dodd-Frank: ‘Too Big To Fail’ Still Unresolved by Norbert Michel excerpt: The notion that these transactions took place in some shadowy, hidden room of finance, where regulators had no clue what was going on, is
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From Patrick Michaels atForbes Will The Overselling Of Global Warming Lead To A New Scientific Dark Age? Excerpts: Science changed dramatically in the 1970s, when the reward structure in the profession began to revolve around the acquisition of massive amounts
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from The Federalist, 11 Facts About The Minimum Wage That President Obama Forgot To Mention: 3) Most Minimum Wage Workers Are Under The Age Of 25 According to federal data, over 55 percent of all federal minimum wage workers are
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James Taylor writes in Forbes: Global Warming Alarmists Caught Doctoring ’97-Percent Consensus’ Claims: Viewing the Cook paper in the best possible light, Cook and colleagues can perhaps claim a small amount of wiggle room in their classifications because the explicit
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Comments on the disastrous health care roll out. Delaying from Behind by James Taranto at the WSJ Our younger readers–those who were born yesterday–may not remember when delaying ObamaCare was considered a wild idea, its exponents limited to crazy right-wing terrorists. Times have
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Harry Binswanger writes in Forbes, Give Back? Yes, It’s Time For The 99% To Give Back To The 1% Let’s begin by stripping away the collectivism. “The community” never gave anyone anything. The “community,” the “society,” the “nation” is just
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It seems that if there is one area that the voters can agree on it would be that those who make the laws should have to obey them. It is a violation of a fundamental American principle that we should
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From To the Horror of Global Warming Alarmists, Global Cooling Is Here by Peter Ferrara in Forbes.com: Booker could have been writing about Robinson when he concluded his Sunday Telegraph commentary by writing, “Has there ever in history been such an almighty
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Steve Forbes writes Gold and the Wicked Magicians in the November 19, 2012 issues of Forbes. Excerpts: Despite thousands of years of experience to the contrary, central bankers and countless policymakers and economists believe that money manipulation can stimulate and
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Paul Johnson writes Men Blinded By Their Brains in the November 19, 2012 issue of Forbes Excerpt Of course, intellectuals, whom I define as those who think ideas are more important than people, are notoriously bad at seeing the ordinary
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Andrew Bernstein writes in Forbes, Whatever the Supreme Court’s Obamacare Ruling, Here’s a Free Market Healthcare Solution, 6/24/12 Excerpt: By contrast, look at the food industry. In this field, America has something much closer to a free market. For one, such innovative minds as
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Andrew Bernstein writes in Forbes, Whatever the Supreme Court’s Obamacare Ruling, Here’s a Free Market Healthcare Solution, 6/24/12 Excerpts: Qualitatively, U.S. healthcare is the finest in the world. Evidence? Americans have a higher survival rate than any other country for thirteen of
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Tim Geithner scolded Wall Street for its complaints about excess regulation in his Wall Street Journal editorial Financial Crisis Amnesia, March 1, 2012. In Forbes columnist Charles Kadlec responds in Tim Geithner Covers for Corruption on Pennsylvania Avenue, 3/5/12. Excerpt: But, the culpability of
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