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Topic: |
Business
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Number of pages / Number of words: |
7 / 1788 |
Essay's paper body
Many people have argued that the government should not tax something that is growing at such a high rate. If a tax is imposed, then the internet economy may slow down to the crawl that is characteristic of many other heavily regulated areas of the economy. The businesses are growing and we have seen that in the last six months that the internet economy has been slowing down...
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This is a sign of a stabilizing market or a market that is mature now. When the market becomes stable as it is seen, the government should impose the tax. The companies that are left in the industry and the consumers who are purchasing the goods can afford to pay a tax. A large majority of the dot-com startups have been kicked out of the competitive high tech industry...
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