Philippa Dunne sent me the latest Liscio Report, and I got her permission to send it to you. I don’t ask very often as this is a pricey letter and that is their business. In this issue she notes the changes in sales tax revenue and has a powerful chart showing that the growth in sales tax revenue has been trending down for the last several years. Not what you want to see in a consumer economy. And she offers an interesting reason for the falloff...
 
Which makes one wonder, will tax authorities seek to extend the sales tax bite?