State Tax Notes Announces 'Marginal Impact' - Bimonthly Column by Tax Experts at The American Enterprise Institute

FALLS CHURCH, Va., June 21 /PRNewswire-USNewswire/ -- States' reliance on retail sales taxes should be good news for those who value efficient taxation, but widespread taxing of business purchases impedes efficiency and hides the true burden of these taxes, according to the inaugural issue of "Marginal Impact," a new bimonthly column for State Tax Notes by tax experts at the American Enterprise Institute (AEI).

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"Despite their image as consumption taxes, state and local retail sales taxes are actually imposed on a large volume of business purchases, resulting in significant economic inefficiency," writes Alan D. Viard, an AEI resident scholar who will serve as lead author of the column.

"Whether reform is pursued within the sales tax context or outside it, a reduction in the taxation of business purchases should be a high priority in efforts to improve state and local tax systems," he added.

To read the inaugural issue of "Marginal Impact," go to Tax Analysts' Web site at www.taxanalysts.com.

About Tax Analysts:

Tax Analysts is an influential provider of tax news and analysis for the global community.  Over 150,000 tax professionals in law and accounting firms, corporations, and government agencies rely on Tax Analysts' federal, state, and international content daily.  Key products include Tax Notes, Tax Notes Today, State Tax Notes, State Tax Today, and Worldwide Tax Daily. Founded in 1970 as a nonprofit organization, Tax Analysts has the industry's largest tax-dedicated correspondent staff with more than 250 domestic and international correspondents.  For more information and the latest news, visit our home page, www.TaxAnalysts.com.

SOURCE Tax Analysts

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