The Internet And Taxation

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Issue:

Technology

 

Written by:

Jenna P

 

Date added:

September 26, 2014

 

Level:

University

 

Grade:

 

No of pages / words:

5 / 1313

 

Was viewed:

3499 times

 

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Essay content:

On both sides of the debate, fireworks have been flying for months. On one side are consumers and businesses that buy and sell on line. Most of their transactions go across state lines, and sales taxes are not collected. They say imposing sales taxes on the Internet could stifle growth in an industry that is helping to drive the U...
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economy, and taxes could drive Internet firms overseas. On the other side are traditional retail merchants who collect sales taxes and the governments that rely on those taxes to pay for police, schools and roads. The retailers are losing business to the tax-free Internet. That cuts into the 36% of state and local government revenue that comes from sales taxes...
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