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Net Gain -- Or Loss?

Congress tackles the issue of Internet taxes.

This story appears in the May 1998 issue of Entrepreneur. Subscribe »

Entrepreneur advocacy groups are lining up in support of theInternet Tax Freedom Act, which is already halfway out of thecongressional station on its way to 1600 Ave. The billwould prohibit state and local governments from imposing new taxeson monthly access charges from ISPs.

Sen. Ron Wyden (D-OR) and Rep. Christopher Cox (R-CA), thesponsors of nearly identical bills (S.442 and H.R. 1054,respectively), fear local governments will kill the wave ofemerging Web-based businesses by taxing them and their ISPs todeath. Although some groups oppose the Internet Tax Freedom Act,their opposition has lost some of its edge, especially since theClinton Administration has voiced its strong support of the act,which could go before within the next few weeks.

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