Costly Internet Tax Could Be On The Horizon

(Before It's News)

Freedom Outpost

Rachel Stoltzfoos

Web users will face billions of dollars in new taxes if Congress allows a ban on Internet taxes to expire in December.

Extension of the ban has wide support in Congress; but this time, it could be linked to a much more controversial bill—the Marketplace Fairness Act, which would allow states to collect a sales tax on Internet goods sold in the state by companies located online or outside of the state.

The tax would be a welcome source of revenue for cash-strapped governors, and supporters say it would take away the unfair advantage online companies currently hold over companies with physical locations. Senate Majority Leader Harry Reid told The Hill he’ll do “whatever it takes” to pass the Marketplace Fairness Act this year.

But members of his own party, including Senate Finance Committee Chairman Ron Wyden, and leading Republicans, including Speaker of the House John Boehner, and many conservative groups oppose the bill — setting up a potential lame-duck fight that could jeopardize extension of the Internet Tax Freedom Act.

Read More Here

Reposted with permission

• Healthcare Workers Just Revealed The Truth About Ebola That Obama Wants To Stay A Secret
• NY Fed Has Stolen and – Mostly SOLD – Germany’s Gold Reserves – other countries becoming frantic
• Angels We Have Heard on High by 32 fingers and 8 thumbs – ThePianoGuys
• SHOCK: Obama Bio-Attack on Disney Cruise Ship Exposed
• Health Workers & Federal Agents Blow Whistle On Nation’s Emergency Preparedness: ‘We’re Not Prepared’
• NC State Fair: “It's sad that you gun nuts can't be without them for a few hours.”
• #NoTTIP: Join the Movement
• S3A CHAT UPDATE, 10 OCT
• A little bit of important history
• Kauilapele’s blog: NEO 10-10-14… ” Russia in Negotiation with China for alternative SWIFT Bank system”