HardOCP News
[H] News
- Joined
- Dec 31, 1969
- Messages
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I like to think that our elected officials just really care about us but the members of Congress are probably just sick of having to continually renew the Internet Tax Freedom Act. I guess it doesn't really matter what the motivation is as long as they do it.
The first Internet Tax Freedom Act became law all the way back in 1998. Its purpose was to promote the growth of internet services — then, before the first dot-com bust, still a brand-new idea — by making sure they wouldn’t be taxed out of being. The law prohibits local, state, and federal governments from imposing taxes on internet access or specific internet-only features, like any tax “imposed on or measured by the volume of digital information transmitted.”
The first Internet Tax Freedom Act became law all the way back in 1998. Its purpose was to promote the growth of internet services — then, before the first dot-com bust, still a brand-new idea — by making sure they wouldn’t be taxed out of being. The law prohibits local, state, and federal governments from imposing taxes on internet access or specific internet-only features, like any tax “imposed on or measured by the volume of digital information transmitted.”