1. E-Taxes And Federalism: The Internet E-conomy Is Virtually Redefining The U.S. Tax System
... trying to implement traditional tax rules would negatively benefit this new division of the economy and that e-commerce poses only a minimal threat to traditional businesses, since internet companies tend to go out bankrupt. Those in favor of developing a taxation plan for e-commerce argue that transactions should be taxed to benefit the state and local governments, citing the millions of dollars that ... taxes had no effect on the number of purchases then the states would ultimately have a surplus of tax money. If the tax did minimize internet purchases, many internet companies would g...
- Word Count: 265
- Approx Pages: 1
- Has Bibliography
- Grade Level: Undergraduate