The Internet Is A Vital Part Of The Modern World - 1626 Words

The Internet is a vital part of the modern world. It is a tool that is used world-wide on a daily basis, and is continuing to grow as technology advances. The Internet can be used for basically anything and everything which is why it is such an important part of every day life. In recent years, the Internet has become a huge E-commerce market since it provides an array of benefits for both consumers and businesses such as variety, convenience, reliability, and mostly tax-free. However, the days of tax-free online shopping may be coming to an end as a result of the Market Place Fairness Act which was passed by the Senate in 2013. Currently, the bill is moving on to the House where it will be decided if it will be banned or not. This†¦show more content†¦The House needs to overturn the Marketplace Fairness Act and ban Internet sales tax. There is currently an ongoing debate between proponents and opponents of the Marketplace Fairness Act. According the the National Conference of State Legislatures, sales taxes account for over one-third of revenues for most states including over half of the tax revenues in six states (Jagoda 2014). Due to this, proponents of the act have highlighted the issue of having low tax revenues in state and local governments are actually weakening public services. â€Å"Each year, about $10 billion in tax on Internet sales goes uncollected† (Mazerov 2011). Supporters argue that this means there is $10 billion that states do not have to invest in government funded projects such as schools, hospitals, and roads. However, the people do not realize that the supporters and legislators in state capitals are just avoiding the more difficult decision of whether to cut spending or raise taxes due to the fear of voter backlash. Proponents of the bill also argue that online retailers have an unfair advantage over brick-and-mortar retailers. Local businesses are required to charge sales tax (with the exception of states that do not ha ve sales tax) creating a 5% to 10% price disadvantage in comparison to online retailers (Mazerov 2011). Supporters also argue that physical stores are taken advantage of because customers will browse products in their store only to go home and buy the product online,Show MoreRelated Art Nature and Technology: Remaking Land and Body1267 Words   |  6 Pagesprogressing the movement of art in modern society. With ways of communicating, networking and creating art all through a digital, simulated world, we are slowly substituting the real, with the virtual. Most experiences can already be simulated through video games and other virtual reality software. The internet has become an encyclopaedia that encapsulates the sum of almost all human knowledge; one can find an infinite amount of information through the internet. 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