Internet Should Be Taxed

Internet should be taxed In 1998, retailers sold nearly $8 one million million million goods and services to consumers over the Internet, or on-line, while moving in to business online commerce was valued at an estimated $17 billion. fear weekly magazine (June 22, 1998) predicted that Internet commerce would increase the U.S. uncouth domestic product (GPD) by between $10 billion and $20 billion annually by 2002. They argue that luxurious new Internet taxes, at least during the next few years, would bog down the Internets growth and stunt a empyrean of the economy that is currently flourishing.

For now industry leaders evidence it is important to build consumer confidence in the Internet by refraining from imposing taxes or other regulatory barriers that may dissuade people from shopping on line. Internet retailers must drive out a sales tax only if the company has round kind of physical presence, such as a warehouse or an office, in the state where the customer is buying the item. Otherwise, compa...If you extremity to get a full essay, order it on our website: Orderessay

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