Interested in knowing how much it costs to fund (or not) local firework shows this 4th of July? Read this.

Meantime, 46 states now allow sales of high powered consumer fireworks rather than lose the revenues to other states – but often turn around and ban their use because of the fire hazard in dry July.

On Sunday, Texas started collecting state and local sales taxes on items purchased from – and the sky didn’t fall. Read why (PDF) items purchased online should be taxed.

Forbes’ estate tax expert cited the Institute on Taxation and Economic Policy’s (ITEP) work discrediting claims that eliminating Tennessee’s gift and estate taxes (as Arthur Laffer advises) will lead to robust economic growth.

An exposé on Louisiana’s budget busting “alternative” fuels tax credit shows it (predictably) helped pay for plain old gasoline in flex fuel cars, too.