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States to vote on Internet taxes

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On November 12, 2002, 2:50 PM

Officials from more than half of the 50 states are meeting in Chicago to vote on a plan to simplify tax rates, a move that state governments hope will prompt Congress to permit levying sales taxes on online purchases.

Last year, Congress extended a moratorium on Internet taxes that expires November 2003. Over the next year, mayors and governors will lobby Congress to permit taxes, while online retailers and free-market groups will ask for another extension on the moratorium.

Read more: [URL=http://news.com.com/2100-1023-965418.html?tag=lh]CNet News[/URL].

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