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Internet Taxes

By: Associated Press
By: Associated Press

The Bush Administration wants the Internet to be a tax-free zone for a while longer.

Treasury Secretary John Snow says the White House will urge Congress to extend the current tax moratorium before it expires in
November.

Speaking to a group of technology company executives in Virginia, Snow didn't say how long of an extension the administration will seek.

The issue of taxing sales over the Internet is a controversial one. Many states say they're being shut out of a growing source of revenue at a time when their deficits are ballooning.

But moratorium backers argue that Internet commerce is still in its early stages and needs to be nurtured.


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