News: Democrats kill proposal for permanent Net tax relief
Category: General News
Posted: October 10, 2007 07:05PM
- Grandpa always said that only two things in life are certain: Death and Taxes. This rings true in our technology age more than any other time in recent history. With several e-tax laws expiring in the coming months, the politicians in D.C. are beginning to argue over the legitimacy of the lack of certain e-taxes. Currently there is not a tax on broadband internet use or wireless services. A House panel agreed unanimously to extend the ban on e-tax for four more years, but rejected attempts by Republicans to make the ban permanent, leaving the door open to place taxes on commodities such as DSL, Cable, and aircard use in the future. The taxing of products bought online from brick & mortar companies like Best Buy and Wal-Mart has always been and still is a very real possibility in the coming years, with internet purchases begin to outweigh in-store purchases at many retailers.