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by Dangeranger
4707 days ago
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In the state of Vermont where I live our legislature introduced and passed a similar bill several years ago, under nearly identical circumstances. Nestled into another bill, the state house inserted and passed a sweeping tax on "Cloud Services" which affected all software delivered to the end user via the internet. The real salt in the wound for businesses was that the tax was going to be retroactively applied to the previous four years of revenue. This would have driven a fair share of our fledgling technology sector out of business almost immediately. Thankfully, our Governor did not agree with the way the tax was passed into law, nor how it was applied. He first delayed and eventually removed the tax all together. When politicians sneak revenue draining taxes into the business market like this, without public comment or discussion, it makes me truly concerned that they are simply self interested. Hopefully the Massachusetts state house will pull their heads out of the sand and clear up the confusion with their constituents. Maybe by next election cycle, those affected will let their feelings be known in the polls. |
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