10.30.2007

Internet Tax Moratorium - 7 more years!

Internet Tax Moratorium Goes to Bush

Excerpt:

A bill to extend a moratorium on Internet access taxes for seven years was approved 402-0 by the House Tuesday, less than two days before it was set to expire.
The House initially approved a four-year ban, but last week the Senate passed a seven-year prohibition, despite considerable support for a permanent ban.

"Seven years is better than nothing, and that's what we're doing today," said Rep. Fred Upton, R-Mich, during remarks on the House floor.

A House bill that would make the moratorium permanent has 238 House co-sponsors, more than a majority.

The tax ban, first approved in 1998 and twice renewed, is set to expire Nov. 1.

Support for a permanent ban was strong in both the House and Senate, but concerns over the potential long-term impact on state and local governments forced a compromise.

Comment: Good for Amazon ... good for consumers!

No comments:

Post a Comment

Any anonymous comments with links will be rejected. Please do not comment off-topic