Internet Tax Moratorium Expires this year!
June 27th, 2007 categories: San Diego Real Estate, San Diego Real Estate News
Unless the U.S. Congress takes action, the moratorium on the taxing the Internet will expire in November 2007.
It seems that many senators may want to permit the future taxation of the Internet with a bill currently being drafted in the Us Senate. They are counter proposing only a temporary moratorium on the Internet instead of a permanent tax moratorium.
Tennessee Senator Lamar Alexander and Delaware Senator Thomas Carper wrote the bill before Congress for a Temporary Moratorium. Twice before in 2001 and again in 2004, similar bills have been passed with expiration dates, instead of a permanent Moratorium.
Senators Wyden of of Oregon and McCain of Arizona on the Senate side of Congress with Eshoo and Goodlatte on the House side have already introduced legislation to make the moratorium permanent. Their Bill is titled the Permanent Internet Tax Freedom Act of 2007. This bill would ensure that the first step has been taken to ensure that Internet access is not subject to discriminatory taxes, limiting the choices of consumers, crippling innovation and undermining this countries global competitiveness,
The Federal Communications Commission indicates that 60 % of all new high-speed lines for Internet access are from wireless, which demonstrated amazing growth of that particular technological development in connectivity. In the high speed rankings, globally, the US is ranked 15th out of the 30 Organization for Economic Cooperation and Developing nations.
The wireless consumers want to protect against even more taxes. Currently the wireless consumers are paying 14% of their monthly bills in taxes,fees and surcharges. A recent survey by the consumer advocacy group, MyWirless.org indicated that 71 % of the consuming public support laws that would prohibit, Federal,State or local taxing authorities from taxing the Internet.
Congress should be acting NOW to protect wireless and Internet access for all consumers against discriminatory taxes. Congress should be taking action NOW to assure all Americans that the Internet should always be tax free .
