How Washington Will Shape The Internet
// July 12th, 2006 // No Comments » // Business & Politics, Technology
MSNBC has an article discussing the bills before Congress that will impact the way, by whom, and how services are delivered over the Internet in the coming years.
From the article:
“After years of benign neglect, the Federal government is finally involved in the Internet – big time. And the decisions being made over the next few months will impact not just the future of the Web, but that of mass media and consumer electronics as well.”
Most interesting to me wasn’t the specifics of any particular piece of legislation, but the fact that Congress (and government in general) is becoming more involved in matters relating to the Internet. As commerce on the Internet grows, governments at all levels are playing catch-up with business when it comes to tapping the new revenue sources it can provide.
The author concludes with this:
“The final impetus for Washington may come when the Internet truly becomes our primary means of commerce, including electronic versions of anonymous cash. At that point, the Internet could become the largest potential tax-avoidance machine ever invented.”
The “Sales Tax” advantage of Internet purchases will soon become an historical relic of it’s early growth, and probably should be. Assuming governments provide additional services and tax relief in other areas, it could be a boon for more localized communities as well.



