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Technology Stocks : Dell Technologies Inc.

DELL 133.78

-0.1%

Nov 14 9:30 AM EST

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To: hdl who wrote (154652)	3/6/2000 1:55:00 PM
From: Chuzzlewit	Read Replies (4) of 176387

hdl, The Congress for ridiculous reasons has not taxed internet sales by having the vendor collect the tax. This is quite an oddity, and rather perverse IMO. The reasoning seems to be to encourage a fledgling technology, but it seems to me to create an economic advantage for one group of businesses at the expense of other businesses. The economic effect is to raise the tax burden on those businesses subject to state and local sales tax. There was a pretty good tongue-in-cheek op-ed piece about this in last week's NY Times. What surprises me is that when we recently purchased our new Dell, sales tax was included in spite of the fact that to my knowledge, Dell has no presence in the sate of Washington. TTFN, CTC

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