Word: congress
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Dates: during 1990-1999
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While this may be a soothing convenience for frazzled Main Street and mall shoppers, sick of crowds and long check-out lines, it is a loser for state and local tax coffers. Governors addressed this issue--shopping and taxes--in this now waning 105th Congress and so did an Institute of Politics study group on federal and state power struggles this fall. They are issues that aren't likely to go away...
After intense gubernatorial lobbying last October, Congress approved legislation that contains a three-year moratorium or "time out" on new Internet taxes and calls for the establishment of a commission to study taxation of transactions using the Internet. The commission has 18 months from the date of enactment of the legislation to complete its work. The commission is comprised of the secretaries of the Departments of Commerce and Treasury and the U.S. Trade Representative, eight state and local representatives, and eight business and consumer representatives...
...issue came to a head with the introduction of the so-called Internet Tax Freedom Act in the 105th Congress, which leaves office next month. As originally drafted it would have prohibited states and localities from taxing any business activity involving the Internet for six years. State and local governments argued the time period was too long and protested this preemption of their taxing authority, but the crux of the matter was sales tax collection on remote sales...
...Congress, the governors argued that the issue wasn't that they wanted higher taxes; rather, they wanted equity. They supported development of the Internet, viewing it as a powerful tool for economic development and opposed new taxes on the Internet to foster continued business growth and electronic commerce...
...impeachment hearings carry on. If we are interested in saving our President, if we want political stability, if we want Congress to produce anything other than political rhetoric before the next century, we must send a clear message to our representatives. Please join us at the Anti-Impeachment Rally in Science Center C, today at 7 p.m. Make your voice heard. ERIN B. ASHWELL The writer is treasurer of the Harvard-Radcliffe College Democrats...