Internet Tax Moratorium Averts Scary Halloween Scenario for Net Users and Taxpayers

Verizon Executive Salutes Congress for Extending Moratorium

Oct 30, 2007, 01:00 ET from Verizon

    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.
     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