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Senate Votes to Keep Web Access Tax-Free |
March 25, 2005
Previously published on May 20, 2004
The Senate voted overwhelmingly to restore the 1998 ban on taxing Internet connections for four years, though would not go as far as the House, which was in favor of a permanent ban. The ban had lapsed while legislators wrestled with the challenge that broadband brought. Now, the two chambers of Congress must meet to reconcile the differing time periods. The potential losers in this battle would not be the federal government, but state and local governments, which stand to lose billions of dollars in tax revenue, yet won't be at the bargaining table.
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The views expressed in this article are solely the views of the author and not Martindale-Hubbell. This article is intended for informational purposes only and is not legal advice or a substitute for consultation with a licensed legal professional in a particular case or circumstance. |
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