Finance Articles

Sell My Timeshare Now Speaks Out for Consumer's Against Internet Taxation

Dover, NH (PRWEB) September 26, 2007 -- Sell My Timeshare Now is among the many Internet-based companies speaking out loudly about the November 1, 2007 expiration of the Internet access tax moratorium. The Internet tax ban has been in place since 1998, and was last reinstated by Congress in 2004. The ban essentially prohibits local and state governments from taxing Internet access or from levying multiple taxes on goods sold over the Internet. As the company's founder and CEO, Jason Tremblay (http://www.sellmytimesharenow.com/media/bios/Jason_Tremblay_bio.php) says, "Affordable Internet access is a critical information and education lifeline for individuals, organizations and companies. To tax people for using the Internet turns the information superhighway into a toll road that some people will no longer be able to afford to travel."

Tremblay's company, Sell My Timeshare NOW, is a true dot-com success (http://timeshareownersblog.sellmytimesharenow.com) story. By staying on top of the latest Internet marketing strategies and following the age-old axioms of good business, Sell My Timeshare Now (http://www.sellmytimesharenow.com/about.php)has emerged, in only four years, as the industry leader in the advertising and marketing of timeshare resales and timeshare rentals (http://www.sellmytimesharenow.com/renttime.php). Although the company has a storefront at its Dover, New Hampshire corporate office, it primarily reaches its customers via the Internet. Last year, SellMyTimeshareNOW.com presented over $233 million to timeshare owners who wanted to sell timeshare or rent timeshare they no longer used. An Internet access tax could hit this timeshare resales and timeshare rentals company with a double-whammy, subjecting it to new taxes while also adding new taxes on the company's customers who need Internet access to reach it.

Companies like Sell My Timeshare Now are not the only ones who will feel the financial bite if Congress fails to reinstate the tax moratorium. Senator John McCain of Arizona, who is co-sponsoring a bill to make the Internet tax ban permanent, was quoted by Reuters News as saying that in a little over a month, Americans will be forced to pay more to access the Internet, receive e-mails on their BlackBerries and use the Internet on their cell phones if Democratic leadership refuses to allow the Senate to debate and pass this legislation.

While McCain's statement implies the Internet tax is a partisan issue, there are both Democrats and Republicans lined up to support the reinstatement of the bill. In fact, the key issue in the eyes of some lawmakers is not whether to reinstate the ban, but whether the ban should be made permanent or remain a temporary but renewable measure.

As New Hampshire's Senator John Sununu, one of the sponsors of a bill to permanently extend the tax prohibition, voiced in an IDG Media interview, "It makes no sense to have a national and global communications and business network to be subject to taxes by every state, city and county in the country."

Sell My Timeshare Now's Director of Communications, Steve Luba explains, "Companies like ours will be hurt if service providers are forced by state and local governments to tax Internet access. Every broadband customer in the country will be affected, which is ironic considering that Congress wants broadband service expanded nationally."

About Sell My Timeshare Now, LLC:

Sell My Timeshare Now is an industry leader in providing advertising and marketing for timeshare owners who want to sell timeshare or rent timeshare. For 2007, SellMyTimeshareNOW.com is on track to present to its customers $282,900,000 in offers to buy or rent timeshares. Jason Tremblay, CEO, is available for interview at 603-516-0649.

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