The U.S. House Judiciary Committee today heard six witnesses discuss the Internet sales tax issue, with opinions ranging from opposition to support to allowing states to ban interstate commerce that does not comport with their tax laws.
Many “bricks-and-mortar” retail stores, as well as the nation’s largest online retailer – Amazon.com – have come together to lobby for the collection of sales tax on all online and catalog sales.
Currently, online and catalog retailers do not have to collect sales tax unless a buyer is in a state where they have a physical presence, such as a store, warehouse or distribution center. Amazon used to oppose an Internet sales tax, but now that it has a physical presence in states where the bulk of its sales are made and therefore must collect sales tax anyway, the company has reversed its position. However, eBay and smaller online retailers oppose forcing all online sales to be taxed because of the difficult logistics of complying with the nation’s...
As has been widely reported today, Comcast has proposed a $45.2 billion takeover of Time Warner Cable Inc., a merger of the number one and number four video service providers (DirecTV and Dish are numbers two and three). The consumer benefits are abundant, which the business proposal will demonstrate even under regulatory review, so that consumers can start enjoying the benefits as quickly as possible.
Faster broadband service will more quickly roll out to the eight million consumers...
Network Neutrality is sadly, yet again back from the dead. Because the Barack Obama Administration keeps insisting on resurrecting it.
Twice now the D.C. Circuit Court has unanimously thrown out the Federal Communications Commission (FCC) Net Neutrality power grab. Have said grabbers been at all chastened by these rebukes? Sadly, no.
Barely over a month after the FCC’s second rejection, we get this:
FCC Plans to Issue New ‘Net Neutrality’ Rules
Likely forcing yet another...
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