US Senate Extends Internet Tax Ban |
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by Tom McGregor | Fri, Oct 26, 2007, 02:22 PM |
The U.S. Senate has approved legislation to extend a moratorium on state Internet access taxes for seven years. The Internet tax ban was set to expire in a few days. The Senate agreed to a compromise between lawmakers who proposed a shorter extension and those who pushed for a permanent one. Reuters, a business news-wire service, quotes Republican Sen. Ted Stevens of Two weeks earlier, the House of Representatives approved a four-year extension on the Internet tax ban. The House and Senate must reach a compromise before submitting the bill to President George W. Bush who promised to sign it into law. To read the entire article from Reuters, link here:
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