Text Bites

"Although electronic commerce is beginning to blossom, it is still in its infancy

"Although electronic commerce is beginning to blossom, it is still in its infancy. Stability is the key to its reaching its full potential, and creating new tax categories for the Internet is exactly the wrong thing to do. E-commerce should not be subject to new taxes that do not apply to other commerce." - Democrat senator Patrick Leahy in support of a new bill aiming to extend the 1998 Internet Tax Freedom Act, which prevents governments from singling out Internet commerce for new kinds of discriminatory taxes as well as new Internet access charges.