Internet Tax Freedom Bill Slated for Final Passage Today.Coalition Praises `Clear Message to Localities, States, and Other Nations'WASHINGTON, Oct. 20 /PRNewswire/ -- The Internet Tax Freedom Act The 1998 Internet Tax Freedom Act was a United States law authored by Representative Chris Cox and Senator Ron Wyden, and signed into law on October 21 1998 by President Bill Clinton in an effort to promote and preserve the commercial, educational, and informational potential of will be part of the omnibus spending bill In response, The Internet Tax Fairness Coalition (www.stopnettax.org) issued the following statement: "This bill offers much-needed protection and certainty to American businesses and consumers who conduct business over the Internet. For at least the next three years, Internet and online commerce will remain the engine of America's economy. "As a result of Congress' action, the American people owe a great debt of gratitude to public officials in both houses for their successful efforts to secure this bill's passage. This Coalition salutes Senators John McCain For McCain's grandfather and father, see John S. McCain, Sr. and John S. McCain, Jr., respectively John Sidney McCain III (born August 29, 1936 in Panama Canal Zone) is an American politician, war veteran, and currently the Republican Senior U.S. Senator from Arizona. , Ron Wyden Ronald Lee Wyden (born May 3, 1949) is Oregon's senior United States Senator. He is a member of the Democratic Party. Early career and personal life Wyden was born in Wichita, Kansas to Edith Rosenow and Peter H. , Judd Gregg, Joseph Lieberman and Majority Leader Trent Lott. In the House, we salute Speaker Gingrich, Representative Christopher Cox, Chairmen Thomas Bliley and Henry Hyde, and Representative John Conyers. "Government and private studies have shown the vital role that the Internet and online commerce have in America's economic growth. This temporary 'time out' on discriminatory Internet taxation provides government, consumers and businesses with a reasonable time to determine when and if taxation in this global medium is appropriate. "The bill's bipartisan support sends a clear message to localities, states and other nations that America's online economy will continue to grow unfettered by discriminatory and multiple taxation of online commerce and Internet access." The Internet Tax Fairness Coalition (www.stopnettax.org) is a coalition of leading Internet and high-tech companies and trade associations that supports fair and equitable tax treatment of the Internet and online services. The Coalition believes Congressional action is necessary to implement a moratorium to address Internet-related tax issues. |
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