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Strategies & Market Trends : Piffer OT - And Other Assorted Nuts -- Ignore unavailable to you. Want to Upgrade?

To: Lost1 who wrote (24283)	3/20/2000 10:39:00 PM
From: Augustus Gloop	Read Replies (3) \| Respond to of 63513

Quiet night....everyone must be charting.

To: Lost1 who wrote (24283)	3/21/2000 9:08:00 AM
From: long-gone	Respond to of 63513

Clinton ready to tax the Net -------------------------------------------------------------------------------- You probably won't hear White House mouthpiece Joe Lockhart bragging about this one. But be warned. The Clinton administration has taken sides in the debate over whether to tax the Internet. And, as is its pattern, the White House has chosen the wrong side. As it stands now, the U.S. Advisory Commission on Electronic Commerce is one vote short of the two-thirds majority needed before making a recommendation to Congress to extend the current moratorium on taxation of Internet access charges for five years and to urge states to develop a uniform approach to the issue of sales taxes. This is hardly a radical plan. A better one would be for Congress to use its constitutional authority to regulate interstate commerce and prohibit any sales tax on the Internet. Why? Lots of reasons. I believe you should never let the government expand its claim on your wealth -- certainly not when it already taxes us in so many other ways. Is a sales tax better than an income tax? Sure. But let's eliminate the income tax before we add other confiscatory, wealth-redistributing schemes. The Internet is driving the U.S. economy right now. It will continue to do so for many years -- unless commerce on the Internet becomes as cumbersome, regulated and over-taxed as the old economy. Also, Internet commerce doesn't require government infrastructure to support it. Roads, fire department services, garbage collection, parking lots, etc. are just unnecessary on the information superhighway. (cont) worldnetdaily.com