It's Official: No More Net Taxes for Seven Years

It passed the House. It passed the Senate. And on October 31, President Bush channeled his dad's words and said "no new taxes." After getting right down to the deadline, Internet access will remain tax-free for another seven years. Not all is good, however. VoIP services no longer have those tax-free statuses thanks to some finagling by Rep. John Conyers of Michigan. Nine states previously grandfathered in will still be allowed to charge taxes on Internet access.