Thursday, June 21, 2018

The Supreme Court overturns Quill

I'm glad about the Supreme Court decision in South Dakota v. Wayfair, allowing states to require Internet retailers to collect sales taxes. Indeed, I was among the tax law professors who signed the Daniel Hemel-penned amicus brief urging this result. The ostensibly constitutionally mandated effective tax preference for out-of-state retailers was distortionary and lacking in any good rationale given the ease of collecting sales taxes via modern technology.

One could see the Quill/Wayfair issue as helping to illustrate my old point that tax cuts or tax preferences can make government effectively "bigger" even if they reduce tax revenues, and thus that their elimination may effectively make the government "smaller." At least when we are talking about fiscal matters - let's leave aside for now, say, the issues around government agents who put children in cages - a meaningful, rather than formalistic, view of the "size of government" should be based on its distributional and allocative effects, relative to some baseline. (Although the choice of baseline is admittedly a vexed issue.) Thus, suppose that in Case 1 the government "taxed" $X from you on Day 1 and gave the same amount back to you (as "spending) on Day 2.  Versus, in Case 2, it took half as much from you on Day 1 but either gave it to someone else or spent it on subsidies for the coal industry. I'd say the government is "bigger" in Case 2 than Case 1, even though the formal measures of "taxes" and "spending" are lower.

Giving Internet sales an effective exemption from state sales taxes, against the background of general under-collection of use taxes, could be viewed in tax expenditure terms as analogous to taxing all sales and then giving the money back to Internet sellers as a special outlay on their behalf. The fact that the effective exemption arguably wasn't intended as a subsidy is immaterial if the question we are asking is simply what level of distortionary economic effects result from state sales taxes. These effects may now be lower, and if the states want to have the same net revenue as before they can do so by lowering their rates. If they choose increased revenues, this might conceivably lead to "larger government" in some dimensions, but there would still be an offset by reason of the greater neutrality as between retailers.

7 comments:

Marty Sullivan said...

So knee-jerk anti-tax folks like Grover--who decried Wayfair decision (see link below)--and who endorse every tax cut no matter how distortionary--are really pro-government. Ha! Good logical "gotcha" the MAGA crowd may want to consider.
Tax neutrality is small government even, as you say, it may raise revenue.
https://twitter.com/GroverNorquist/status/1009831155842146304

Packers And Movers Bangalore said...

We Provide List Of Best And Affordable 100% Safe Packers And Movers Bangalore For Local Shifting. Professional, Trusted And Verified Movers And Packers With Price List.
Packers And Movers Bangalore

Avant Loan said...

Welcome to AVANT LOANS, Do you need a genuine loan Online to secure your Bills? Starts a new business? Do you need a personal loan? or Business loan, Apply for a quick and convenient loan to start a new financing of your projects at a cheapest interest rate of 2%. Are you in need of a Loan of any amount? Has the bank or Payday Loan Company refused your Loan Application because of your Low Credit Scores or Lack of Collateral Security? and you are in an urgent need of this Personal Or Business Loan to re-finance your business, pay your bills, settle your bad credit problems, buy and own a house of your own? etc. CONTACT US NOW VIA EMAIL:{ avantloan@yahoo.com }

Avant Loans is the first lending platform to leverage artificial intelligence and machine learning to price credit and automate the borrowing process. Avant has demonstrated strong credit performance and maintains one of the industry’s highest consumer ratings according to leading consumer review sites. Apply for any kind of loan and any amount of your choice today by reaching us through email: { avantloan@yahoo.com }

Avant Loans believe Everyone deserves a better financial future if they strive for it. We’ve built a marketplace that keeps costs low and opportunity high.

You can also reach us via our website but for instant reply fill in the application form below and forward to our email address { avantloan@yahoo.com }

* Full Name:
* Loan amount needed:
* Loan Duration:
* Purpose of loan:
* City / Country:
* Telephone no:
* How Did You Hear About Us:

Genuinely Interested to get a loan then kindly email us { avantloan@yahoo.com } with the loan requirement above.

Sincerely yours,
Etienne L. Audrey
Company: Avant Loans
Contact: avantloan@yahoo.com

Nicholas Shields said...

★HIRE A LEGIT HACKER★

๐Ÿ”๐Ÿ”Are you Seeking for the Best Legit Professional Hackers online??❓๐Ÿ’ป๐Ÿ’ป๐Ÿ’ป
Congratulations Your search ends right here with us. ๐Ÿ”๐Ÿ”๐Ÿ”๐Ÿ”

๐Ÿ…COMPOSITE HACKS is a vibrant squad of dedicated online hackers maintaining the highest standards and unparalleled professionalism in every aspect.
We Are One Of The Leading Hack Teams in The United States๐Ÿ‡บ๐Ÿ‡ธ๐Ÿ‡บ๐Ÿ‡ธ With So many Accolades From The IT Companies๐Ÿ†๐Ÿ…๐Ÿฅ‡. In this online world there is no Electronic Device we cannot hack. Having years of experience in serving Clients with Professional Hacking services, we have mastered them all. You might get scammed for wrong hacking services or by fake hackers on the Internet. Don't get fooled by scamers that are advertising false professional hacking services via False Testimonies, and sort of Fake Write Ups.❌❌
COMPOSITE HACKS is the Answers to your Prayers

* OUR HACKING CAPABILITIES:
We Offer Varieties Of LEGIT Hacking Services With the Help Of Our Root HackTools, Special HackTools and Our Technical Hacking Strategies Which Surpasses All Other Hackers.
We Can help you Hack Or recover the password of any email, Facebook or any other Social Media accounts, Phone Hack (Which enables you to monitor your kids/wife/husband/boyfriend/girlfriend, by gaining access to everything they are doing on their phone without their notice), You Wanna Hack A Website or Database? You wanna Clear your Criminal Records?? Location Tracking? Our Team accepts all types of hacking orders and delivers assured results to alleviate your agonies and anxieties.

* SOME OTHER SPECIAL SERVICES WE OFFER INCLUDES:
★ Bank Accounts Loading ( Only USA & UK Banks)
★ Credit Cards Loading (Only USA & UK CC's)
★ Money Flipping
★ Bitcoin Mining ⛏

๐Ÿ…We have a trained team of seasoned professionals under various skillsets when it comes to online hacking services. Our company in fact houses a separate group of specialists who are productively focussed and established authorities in different platforms. They hail from a proven track record Called “HackerOne” and have cracked even the toughest of barriers to intrude and capture or recapture all relevant data needed by our Clients. Some Of These Specialists Includes ⭐️ PETER YAWORSKI⭐️ FRANS ROSEN ⭐️JACK CABLE ⭐️ JOBERT ABMA ⭐️ ARNE SWINNEN ⭐️ And More

๐Ÿ… COMPOSITE HACKS understands your requirements to hire a professional hacker and can perceive what actually threatens you and risk your business⚔️, relationships or even life๐Ÿ‘Œ๐Ÿฝ. We are 100% trusted professional hacking Organization and keep your deal entirely confidential๐Ÿ’ฏ. We are aware of the hazards involved. Our team under no circumstances disclose information to any third party❌❌. The core values adhered by our firm is based on trust and faith. Our expert hacking online Organization supports you on time and reply to any query related to the unique services we offer
Time also depends on what exactly you want to hack and how serious you are. Enough time with social engineering is required for hacking. So if you want to bind us in a short time, then just DONT contact us because we can't hack within 10-15minutes, *sorry*.
I have seen FAKE HACKERS claiming they can hack in 10min , but there is no REAL HACKER who can say this (AVOID THEM) ๐Ÿ’ฏ

๐Ÿ…COMPOSITE HACKS is available for customer care 24/7, all day and night. We understand that your request might be urgent, so we have a separate team of allocated hackers who interact with our Clients round the clock⏰. You are with the right people so just get started.๐Ÿ’ฏ✅

๐Ÿ“ฒ CONTACT:
E-mail: compositehacks@gmail.com
Hire a Hacker!
Want faster service? Contact us!
HackerOne©️LLC 2018.
All Rights Reserved ®️

★We Treat Every Request With Utmost Confidentiality★ ๐Ÿ™Œ๐Ÿฝ

Vincent Rossi said...

A resource that will help in writing https://rocketpaper.net/process-analysis-essay

Unknown said...

Do you need an urgent loan today? Are you thinking of clearing debt or you have intentions of starting a new business? We offer loans at low interest of 3% for personal and business purposes! We also offer easy approval and fast transfer as guaranteed by our insurance company. Interested persons should contact Mr Thomas with Email: Thomasrivera101@outlook.com or Call Phone: +1-(631)-542-4685

Unknown said...

Do you need an urgent loan today? Are you thinking of clearing debt or you have intentions of starting a new business? We offer loans at low interest of 3% for personal and business purposes! We also offer easy approval and fast transfer as guaranteed by our insurance company. Interested persons should contact Mr Thomas with Email: Thomasrivera101@outlook.com or Call Phone: +1-(631)-542-4685