TechNet Supports House Resolution Opposing Any New Internet Sales Tax Legislation
Washington, DC – TechNet, the bipartisan network of CEOs that promotes the growth of the innovation economy, today announced its support of a U.S. House resolution (“Supporting the Preservation of Internet Entrepreneurs and Small Businesses”) offered by Representative Dan Lungren (R-Sacramento) to oppose any new laws to increase Internet sales taxes which would be more complicated and burdensome for U.S. consumers and businesses.
“Additional tax burdens on Internet purchases such as some now being considered would be shortsighted,” said Rey Ramsey, President and CEO of TechNet. “Such proposals would only serve to make our tax system even more complicated. During these difficult economic times when virtually everyone agrees that we must make it more efficient for our consumers and businesses, the last thing we need is additional burdens on this growing economic sector. We applaud Representative Dan Lungren for his strong leadership on this important issue and his efforts to protect small businesses that do commerce on the Internet and consumers across the country.”
TechNet is the national, bipartisan network of CEOs that promotes the growth of technology industries and the economy by building long-term relationships between technology leaders and policymakers and by advocating a targeted policy agenda. TechNet’s members represent more than one million employees in the fields of information technology, biotechnology, e-commerce and finance. TechNet has offices in Washington, DC, Palo Alto, Sacramento, Seattle, Boston and Austin. Web address: www.technet.org. You can also follow us on Facebook and Twitter at @technetupdate.
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