Free Republic

WASHINGTON (AP) — The Supreme Court says states can force online shoppers to pay sales tax. The 5-4 ruling Thursday is a win for states, who said they were losing out on billions of dollars annually under two decades-old Supreme Court decisions that impacted online sales tax collection. The high court ruled Thursday to overturn those decisions. snip “Each year the physical presence rule becomes further removed from economic reality and results in significant revenue losses to the States. These critiques underscore that the physical presence rule, both as first formulated and as applied today, is an incorrect interpretation of...

Online shoppers could find costs going up after the Supreme Court did away Thursday with a decades-old precedent limiting the ability of states to collect sales tax on certain out-of-state Internet purchases. The 5-4 ruling called the current rules “unsound and incorrect.”

As the Senate advances on its tax-cut bill while House Republicans have passed their version, MarketWatch has the calculator to show how the bills would potentially impact your finances. The legislation, called the Tax Cuts and Jobs Act, cuts individual tax rates and slashes corporate taxes, among other things. But not everyone’s a winner. The mortgage-interest deduction is limited, and state and local income tax deductions are zapped in both the House and Senate plan. The plan from the upper chamber also eliminates the state and local property tax deduction. The calculator includes the new rates and child-tax credit unveiled...

Takes effect Friday! https://www.google.com/amp/s/patch.com/new-jersey/lacey/amp/26541281/n-j-lawmakers-pass-christie-backed-23-cent-gas-tax-hike-set-to-take-effect-friday#

April 6, 2016 Ivanka Trump Scarves Recalled Because Of "Burn Risk" Scarves made in China and sold as part of Ivanka Trump's fashion line are being recalled because they are too flammable and pose a "burn risk" to consumers. The U.S. Consumer Product Safety Commission said Wednesday that no injuries have been reported. The recall involves about 20,000 rayon scarves, sold from October 2014 through January 2016 in department stores and online. They range in cost from $12 to $68. A representative for the Ivanka Trump brand, which includes clothing, accessories and fragrances, said that it is disappointed for the...

BEGIN TRANSCRIPT RUSH: Now, usually, ladies and gentlemen, the pattern for Donald Trump during the primary season has been that when he has lost a primary, he immediately changes the narrative the next day, usually by announcing an endorsement. So you got Christie endorsing, which changed the narrative of a Trump loss. Sometimes the endorsement happens the night of a loss, usually next morning. Same thing happened with Dr. Carson after another Trump loss. Carson comes out and endorses Trump, and that changes the narrative. It's smart. Trump has no new endorsements to announce, so what he has done today...