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Internet Tax Freedom Act Expires in November

The Internet Tax Freedom Act, which bans texas on web access, is set to expire on November, 2007. The act was signed into law on October 21, 1998 by President Bill Clinton. Reuters reports that groups like Don't Tax Our Web want the ban on web access taxes made permanent. There is concern that taxes could slow down the web's continued growth and development. Reuter's reporter Manoush Zomorodi discusses the implications of the approaching expiration of the Internet Tax Freedom Act in the video below. The most likely result is that the Internet Tax Freedom Act will simply be extended for several more years but there are lawmakers like Senator Ron Wyden who are fighting for a permmanent ban.


Direct video link


Posted on 2007-05-27




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