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Technology Stocks : WDC/Sandisk Corporation
WDC 169.99-2.4%3:59 PM EST

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To: TimF who wrote (13429)7/31/2000 8:43:33 PM
From: SBHX  Read Replies (2) of 60323
 
OT. Tim,

I'm not a proponent of those taxes, since if implemented, I'm likely one of the many that will have to pay a tax that I should not have to. However, there certainly are precedents and arguments strong enough to support their discussion, if the genie is truly unstopable.

1. There is a tax on all casette tapes. The fact that these tapes can be used to take dictation or as storage for the TRS-80 didn't deter that from happening.

2. The audio industry as a whole has a long enough track record, that past revenue growth can be projected into the future, and any revenue shortfall from this year's projection can be applied against next years' tax on the internet or other storage to make up for the current years' shortfall.

3. Any study of types of network traffic within a sample of major universities will probably settle the argument of what percentage of internet traffic is consumed by the mp3 files.

Just random musings to give people time to pause and consider if they really want people to enjoy all that 'free' music.

.sbh.
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