So, what does this mean in terms of this argument?
"Passed in 1998, the Internet Tax Freedom Act prevents federal, state and local governments from receiving sales taxes through internet access. The bill, however, is scheduled to expire during November 2014."
When it expires, sales taxes will be available through internet access. Right?
As to this portion of the article:
""E-commerce is thriving largely because the Internet is free from burdensome tax restrictions. Unfortunately, tax collectors see it as a new revenue source, and they must be stopped," Ayotte added. "This legislation will provide certainty to the marketplace, helping the Internet continue to be a driving force for jobs and growth.""
This implies that the issue is one of sales taxes. Also, nearly everyone pays some sorts of access fees (taxes) for their ISP use (like the FCC fee).
Reading comprehension not a problem here. Grasping the entire picture/problem is a tricky thing. Regardless, there are potentially many unintended consequences with any changes in these laws.
"Passed in 1998, the Internet Tax Freedom Act prevents federal, state and local governments from receiving sales taxes through internet access. The bill, however, is scheduled to expire during November 2014."
When it expires, sales taxes will be available through internet access. Right?
As to this portion of the article:
""E-commerce is thriving largely because the Internet is free from burdensome tax restrictions. Unfortunately, tax collectors see it as a new revenue source, and they must be stopped," Ayotte added. "This legislation will provide certainty to the marketplace, helping the Internet continue to be a driving force for jobs and growth.""
This implies that the issue is one of sales taxes. Also, nearly everyone pays some sorts of access fees (taxes) for their ISP use (like the FCC fee).
Reading comprehension not a problem here. Grasping the entire picture/problem is a tricky thing. Regardless, there are potentially many unintended consequences with any changes in these laws.