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Internet Tax Moratorium Averts Scary Halloween Scenario for Net Users and Taxpayers
Verizon Executive Salutes Congress for Extending Moratorium
WASHINGTON, Oct. 30 /PRNewswire/ -- A scary Halloween scenario for the
nation's Internet users and taxpayers was averted today when Congress
approved a seven-year extension of the Internet Tax Moratorium in time for
President Bush to sign it into law before the current law expires on Nov.
1.
The new moratorium on state and local taxation of Internet access
services approved by the House today is the same legislation approved by
the Senate last week, so no conference meeting between the two bodies will
be necessary. The following statement should be attributed to Peter
Davidson, Verizon senior vice president of federal government relations:
"Verizon applauds the House and Senate for once again extending the
moratorium on taxes on consumers' access to broadband. Broadband access is
now a crucial driver of America's economy, and this moratorium extension
will ensure continued investment and growth in the broadband marketplace.
This is good for consumers and businesses across the country."
SOURCE Verizon