Virginia Governor Signs Wireless Flat-Tax Legislation
Virginia Gov. Timothy Kaine (D) signed into law landmark legislation creating the nation’s first flat tax on wireless and other communications services in the state.More here.
The legislation, championed by Del. Samuel Nixon (R), caps the communications tax at 5 percent. The mobile-phone industry, facing what it considers discriminatory state and local taxes throughout the nation, supports the flat-tax approach.
posted by Fergie @ 4/13/2006 11:26:00 AM
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