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Trent Lott: “The last Congress passed the Internet Tax Freedom Act. it was not an easy process, and compromises were reached. In the…”

On the recordMarch 2, 1999
The last Congress passed the Internet Tax Freedom Act. it was not an easy process, and compromises were reached. In the end, the debate resulted in a bill which made a good law. It calls for a 3-year moratorium on new taxes. This was important, Mr. President. The Internet is not only a new tool of communication and information but is fast becoming the most vibrant new marketplace as America goes into the next millennium. Having said that, I am aware of the concerns expressed by those on main street as well as mayors--from Greenwood to Belzoni to Shuqualak, Mississippi--and in towns all across America.
Said by
Trent Lott
Source
govinfo.gov

Editor's note · Context

Discussing the Internet Tax Freedom Act and its implications for the economy.

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