Conservative economist Dr. Arthur Laffer has co-written a study that identified a positive economic impact in efforts to require online retailers to collect sales taxes from customers on Internet purchases.
The study was released by the Alliance for Main Street Fairness, a group that has been pressing for passage of the Marketplace Fairness Act, which was passed by the Senate in May, but has not yet been voted on in the House (see Senate Passes Internet Sales Tax Bill). Laffer’s research contended that the sales tax has the least harmful impact on the economy. He is a former member of President Reagan’s Economic Policy Advisory Board and is credited with popularizing the supply side economics concept of the Laffer Curve. He conducted the study with Donna Arduin, a former state budget director under Republican governors in Michigan, New York, Florida and California, and currently president of Arduin, Laffer, & Moore Econometrics.
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