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Current Topic: Tennessee

Bredesen Seeks Help From Frist On Internet Taxation Bill
Topic: Tennessee 11:20 pm EDT, Oct 23, 2003

] Governor Bredesen wants help from Senate Majority Leader
] Bill Frist on a bill pending in the Senate that could
] cost Tennessee up to 360 (M) million dollars a year in
] lost tax income. The bill ostensibly deals with state
] taxation of access to the Internet, which Congress has
] deemed a service that states should not tax. But
] Tennessee and other states fear it would have broader and
] more costly consequences. Tennessee is one of a handful
] of states that put a sales tax on Internet access before
] Congress placed a moratorium on such taxes in the 1990s.
] Tennessee's tax was allowed to stand when the moratorium
] was instituted. The concern for Tennessee is that the
] bill might allow telecommunications companies to shift a
] broad array of services to the Internet and avoid
] taxation.

You know, I really have always liked this guy but this pisses me off.

Bredesen Seeks Help From Frist On Internet Taxation Bill


 
 
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