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US Senate approves Net Access Tax ban

By

On April 30, 2004, 9:02 PM

The U.S. Senate on Thursday voted to renew a four-year ban on taxes on Internet connections such as DSL and cable modems instead of a competing plan that would have made a moratorium permanent.

By a 93-3 vote, the Senate adopted a compromise proposal favored by state governments, which argued that a perpetual ban would deprive municipalities of vital tax revenue and amount to an unfair subsidy for telecommunications companies.

Read more: [URL=http://news.com.com/2100-1028_3-5202140.html?tag=nefd.top]CNet News[/URL].

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