Bush renews ban on Internet taxes
President Bush yesterday renewed a ban on Internet taxes, ensuring that millions of U.S. Internet shoppers will not have to pay new taxes on their online purchases for at least another two years, according to c|net. The ban was first passed by legislators in 1998 to prevent taxation from slowing the growth of the e-tailing industry. The Bush White House expects online spending to account for 15 percent of sales during the holiday season. Read More
