Democrats Vow to Impose National Internet Tax
2 Articles
2 Articles
Top Democrat proposes excise tax on data centers
Sen. Ron Wyden (D-OR), the top Democrat on the Senate’s tax-writing panel, is proposing a tax on new data centers, the latest sign of rising political headwinds to the massive build-out of the facilities, which are crucial to the advancement of artificial intelligence. Wyden, the ranking member of the Senate Finance Committee, announced the pitch on Thursday as a five-page white paper and is asking the public for feedback on the proposal. The pl…
Democrats Vow to Impose National Internet Tax
Top Senate Democrat tax writer Ron Wyden (D-Ore.) has introduced legislation to impose a federal tax on internet infrastructure. James Erwin, Director of Innovation Policy at Americans for Tax Reform released the following statement in opposition to Wyden’s internet tax: “This tax will be paid by anyone who uses the Internet. A tax on data...
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