Internet Taxation a Possibility?
Currently over 7600 American taxing bodies have a discretionary right to tax us on our purchases, income, or activities. Despite this, the internet has been one entity that has maintained a tax free status. This is not by chance, however. The internet has remained tax free because currently there is the Internet Tax Freedom Act, which makes it illegal for any federal, state, or local entity to levy a tax that can only be applied to the internet.
Sadly, the Internet Tax Freedom Act is not permanent. In fact in a matter of days (November, 1st) the law is set to expire, leaving it wide open to taxation. Last week the House voted to extend the law, however, refusing to make the taxation ban permanent. Now we must wait for the Senate to push the extension through.
Imagine a world where the internet is taxed - Emails, bandwidth, e-commerce, broadband access, MP3s, ISP access – all taxed. This would be horribly expensive, regressive, and arguably unconstitutional. Please contact your senator ASAP and let him know to get it together and pass the bill.