Sunday, May 1, 2011

4. Will We Ever Resolve E-Commerce Taxation?

     E-Commerce taxation is a controversial topic to discuss simply because people across the U.S. doesn’t know if taxing the internet is a good idea. These days almost everything as moved to the internet. Its become nearly impossible to figure out how to tax and keep track of items being sold over the net. This is one of the biggest problems the government has to face in this situation. New York was the first to impose state taxes on products promoted through websites, leaving retailers unhappy. Even though this would raise money for the government, many people are against the taxation.
     The Government is still looking for ways to resolve the situation. Since tax prices have impacted many people while we are still recovering from the recession. Many feel they can escape the burden of taxation through the internet. Whether or not the government will be able to keep up with the fast pace of the internet is still unknown.

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