Thursday, May 27, 2010

U.N. Internet Tax Dead - For Now

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A United Nations plan to impose consumer taxes on such things as Internet activity and paying bills online in order to drastically restructure the world drug industry hit a wall of disagreement on Friday, and is likely dead -- for now.

Delegates to the World Health Organization’s annual World Health Assembly could not reach agreement on the plan -- first reported by Fox News -- to marry “innovative financing" for global public health with a radically reorganized research, development, production and distribution of medicines around the world...

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