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Deal Reached To Keep The Internet Tax-Free For Now

Washington (AllPolitics, March 19) -- An agreement has been reached on keeping the Internet tax-free, at least for the next few years, CNN has learned.

The agreement, hammered out between Congressman Chris Cox (R-Calif.) and Utah Governor Michael Leavitt, calls for a three year mortatorium on taxes. But it would let state and local governments keep any taxes already imposed on on-line services. The plan would also set up a congressional commission to find ways to tax the Internet.

This move comes after disagreement over a proposed House bill, called the Internet Tax Freedom Act, that would have kept state and local governments from taxing the Internet for at least six years.

The compromise agreement is expected to be endorsed by Senator John McCain (R-Ariz.) later today, and Leavitt and Cox will formally announce the agreement at 1 p.m. ET.

In Other News

Thursday March 19, 1998

Report: Willey Wanted To Sell Story To Supermarket Tab
Counsel Named For Babbitt Probe
'Primary Colors' A Judgment On A Political Generation
Microsoft Out-Lobbies Key Competitors
GOP Women Accuse Democrats Of 'Selective Outrage'
Lewinsky High School Classmate Testifies
White House Scandal At A Glance
Troopers Told Tucker Of Arranging Liaisons For Clinton
The One That Got Away?
Illinois Primary Results
Deal Reached To Keep The Internet Tax-Free For Now
Most Of California's Prop. 187 Ruled Unconstitutional
Republicans Say No Decision Yet On How To Proceed With Starr Report

Documents:
Julie Steele Affidavit





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