Why Congress Must Save the Internet From State and Local Taxation
EM488: Why Congress Must Save the Internet From State andLocal Taxation
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EM488: Why Congress Must Save the Internet From State andLocal Taxation
In a recent speech at the American Enterprise Institute, outgoingFederal Communications Commission Chairman Reed Hundt echoed theconcerns of countless policymakers when he asked, "is it [theTelecommunications Act of 1996] working?"
Economic analysts at the Center for Data Analysis (CDA) at TheHeritage Foundation found, in a study of a dividend reformproposal similar to President Bush's, that ending the doubletaxation of dividends would improve the nation's economic growth,employment level, and other economic indicators over the next10 years.
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Ending the double taxation of dividends also is an inherent andnecessary component of fundamental tax reform.