Art Laffer Comes Out in Favor of Online Sales Tax

Reagan-era economist argues it would boost growth and create jobs

The architect behind Reagan-era economic policies is getting behind a plan that would allow states to collect taxes on online shopping – fueling a battle in Congress that has pitted conservatives against conservatives.

Renowned economist Arthur Laffer argued in a study, to be released Thursday, that taxing online purchases would stimulate growth and create more than 1.5 million jobs over the next 10 years.