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taxation of e-commerce

Date Submitted: 10/27/2004 21:42:48
Category: / Business & Economy / Marketing and Advertising
Length: 7 pages (1926 words)
"E-commerce and Sales Tax" In today's time of economic turmoil, localities are looking to untapped resources to generate revenue. One of those untapped resources is e-commerce. What the localities want to do with e-commerce is to impose a sales tax on goods purchased over the Internet. It's one of the largest growing businesses in today's modern world. If the Internet was taxed no one would want to purchase goods over the Internet and the economy …
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…on the Internet just as much as they do the telephone. Like the telephone, the Internet is an essential service, and it should not be taxed. Congress should enact a permanent ban on Internet taxation. Keeping the Internet free from taxation will ensure that cost is not a barrier that prevents thousands of Americans from accessing the Internet. Taxation would only hamper the Internet's future growth and thereby deprive Americans of its future potential ("Impose").
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