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The Internet Should be Taxed

Date Submitted: 10/06/2004 17:44:45
Length: 3 pages (877 words)
Views: 169383

Argument: Not taxing Internet Commerce would deprive state and local governments of Revenue that is essential to community services and projects. Yes, The Internet is the future. It is growing at a phenomenal rate and new businesses are popping up every minute. According to the Treasury Dept., in 1998, approximately $7.8 billion was spent over the Internet. However, they expect that number to exceed $70 billion this year, $300 billion by 2002, and reach $1.45 trillion by the year 2003. This explosion …

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