Mr. Laffer, as most Americans know, is a distinguished economist. People sometimes said he was President Reagan's favorite economist. He makes the argument that many conservatives and many Governors across the country make, which is: Give us the authority to make these decisions for ourselves. We will collect taxes from everybody who already owes the taxes by requiring sellers to collect the taxes whether they are in State or out of State, and then we will lower the tax rate. Mr. Laffer says fairness legislation that collects taxes from everyone who owes it and then lowers the tax rate is better for economic growth, which is something our country desperately needs. Mr. President, I also ask unanimous consent to have printed in the Record the comments supporting specifically the legislation from Al Cardenas, chairman of the American Conservative Union, Governor Mike Pence of Indiana, and former Governor Mitch Daniels of Indiana. There being no objection, the material was ordered to be printed in the Record, as follows: Conservatives Support Marketplace Fairness AL CARDENAS, Chairman of the American Conservative Union ``When it comes to state sales taxes, it is time to address the area where federally mandated prejudice is most egregious--the policy toward Internet sales, the decades old inequity between online and in-person sales as outdated and unfair.'' GOVERNOR MIKE PENCE ``I don't think Congress should be in the business of picking winners and losers.…
Heidi Alexander: “Mr. Laffer, as most Americans know, is a distinguished economist. People sometimes said he was President Reagan's…”
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