Saturday, October 27, 2007

Senate passed a seven year Internet Tax moritorium....

Hot Damn! The Congress is actually doin' somethin' !!

Senate's Internet tax legislation makes changes to the House bill that are intended to protect e-mail messages and instant messaging from usage taxes
By Grant Gross, IDG News ServiceOctober 26, 2007


The U.S. Senate has passed legislation that would extend a moratorium on Internet access taxes for seven years, giving supporters hope that an extension will be signed into law before the current moratorium expires Nov. 1.

The Senate late Thursday passed the seven-year extension on a voice vote. The moratorium would extend the ban on Internet-only taxes, such as access and "bit" taxes on information as it travels through a taxing jurisdiction. The Senate passed an amended version of a House of Representatives bill, the awkwardly named Internet Tax Freedom Act Amendments Act.
The House passed a four-year Internet tax moratorium earlier this month. The two chambers will have to reconcile the two versions of the moratorium before sending the legislation to U.S. President George Bush to be signed.
The Senate's seven-year extension represented a compromise between a group of senators, many of whom opposed an extension in the past, who wanted a four-year ban, and a second group that wanted a permanent ban.


Makes ya plumb proud to know that Congress can actually do sompin! Course it ain't a done deal yet. Ain't it strange we got to have a Federal law to keep our local taxin' dudes out of our face and out of our pockets......

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