Internet Connection Tax Held Off for A Few More Years

Christopher Blanc writes "The ban on taxing Internet connections was set to expire at the end of October, but thankfully the US Congress has acted. Last night, a Senate bill was passed that extends the 1998 Internet Tax Freedom Act for seven more years. There are still some details to work out (the House's bill only extends it for four years), but it's clear both houses of Congress are looking to keep taxes out of the picture for the near future. 'Sen. Ted Stevens (R-AK) is excited at the prospect that Americans will be able to continue filing the tubes of the Internet tax-free. "The Internet has provided a powerful economic boost to our nation, and has become an important everyday tool for millions of Americans," said the senator. "By keeping Internet access tax-free and affordable, Congress can encourage Internet use for distance learning, telemedicine, commerce and other important services."'"

Comments

Re:Somebody wake me up

[thebdj]

We could legalize/regulate/tax the sale of pot... no, that won't happen. Probably not and a pity really. Legalize all drugs, watch crime go down. Watch number of police needed drop. Watch the cost of policing go down. Watch taxes drop. Vicious cycle and we didn't even have to tax the pot.

We could tax gasoline... that will happen It already does happen. Where do you live? States and municipalities tax Gas. Guess what, so does the US Government. So it isn't a "will happen" but "is happening".

We could tax food stuffs... that will happen Depending on your locale this currently happens. Usually it is at a lower rate then regular items, but it does happen. This said, I doubt you will ever see the fed impose taxes on food stuffs short of imposing tariffs on imports.

Seriously, a lot of stuff is already taxed. It is an ever growing list and this is some minor little thing for them to use when the debate comes up during the next presidential election.