Today, Congress will vote on the Digital Goods Tax Fairness Act, an act which aims to establish a “national framework” for how digital goods and services should be fairly taxed at the state and local levels. Without this bill, consumers could presumably be taxed double and triple on digital purchases. Different states could potentially tax you on one online purchase. That’s not fair, right?Fairness is making sure that people in Tennessee destroy all their local businesses on behalf of corporations in California. Tax away!
That’s where the Digital Goods Tax Fairness Act comes in to alleviate this impending problem. Rep. Steve Cohen (D-TN) commented, “Digital goods and services are quickly becoming a driving force in our national economy. We need to establish a uniform framework for the taxation of digital goods and services so consumers won’t be double-taxed. Our Digital Goods and Services Tax Fairness Act of 2011 would accomplish such a goal.”
Sunday, July 1, 2012
I don't get this at all:
Posted by Substance McGravitas at 8:51 PM