Asked by manuel castro on Apr 30, 2024
Verified
The Internet Tax Freedom Act resulted in a loss of approximately ________ in state and local income tax collections in 2006.
Internet Tax Freedom Act
A U.S. law enacted in 1998 that bars federal, state, and local governments from taxing Internet access and imposing discriminatory internet-only taxes such as bit taxes, bandwidth taxes, and email taxes.
Tax Collections
The process of gathering taxes by government authorities from individuals and businesses.
- Evaluate the implications of specific fiscal policies and legislation on government revenues and individual taxpayers.
Verified Answer
MV
Learning Objectives
- Evaluate the implications of specific fiscal policies and legislation on government revenues and individual taxpayers.