Tuesday, June 26, 2007

Technological Upgrades --> Financial Upgrapes

Technology proceeds faster than government. Regulatory reactions can be ugly. And we pay more for less.

Webcasters turn off streams to send urgent distress call
In response to a impending royalty rate increase that, if implemented, would lead to the virtual shutdown of Internet radio in the U.S., thousands of webcasters plan to go silent next Tuesday, June 26, to draw attention to their industry's plight.

Washington to join online tax project
OLYMPIA -- Washington will join 21 other states in an effort to encourage Internet and catalog companies to not only collect state sales taxes on purchases, but also send them on to the states where the products are delivered. On Saturday, the Streamlined Sales Tax Governing Board granted Washington's petition to become a member of the Streamlined Sales Tax Project.

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