
The decision in Town Fair Tire v. Massachusetts, a case in which I have taken a great interest, came down today. The Massachusetts Supreme Judicial Court unanimously ruled that Massachusetts illegally sent tax bills to New Hampshire tire stores for sales made to Massachusetts residents. In other words, justice triumphed in the halls of justice. Had the taxman emerged victorious, the ruling would have opened merchants to audits from all 50 state internal revenue services, burdened store clerks with knowing the tax laws every state, and proved an all-around commerce killer.
Even in Mass, common sense can prevail. Good work guys! The taxmen/empty suits must be puking in the aisles over this one. I wonder if any of them realize if the taxes weren't so high people living in Massachusetts would actually buy more products carried in stores located in Massachusetts. Maybe a fence around Mass will keep the residents out of New Hampshire. Yeah, that's the ticket, way better than giving the people in the asset column a break.
Another victory was a New York court ruling that the Fed can not hide behind the freedom of information act and must report who got our money and how much in that obscenity known as the 'bail outs'.
Accountability, what a concept! Sometimes my faith in human kind is rewarded. Thanks for that bit of info, asdf.



