Political Quotes

“I come to the floor today to reiterate my opposition to legislation that would impose new tax burdens on businesses in New Hampshire and I believe would have a serious impact on our economy. Earlier this week Majority Leader Reid started a fast-track process to bring a bill to the floor that includes the so-called Marketplace Fairness Act. This is legislation that would for the first time allow States to collect sales taxes from businesses in New Hampshire. As a result, this bill would impose significant new tax compliance burdens on entrepreneurs in New Hampshire--the same entrepreneurs who are trying to grow their businesses and create jobs on the Internet. In New Hampshire we don't have a sales tax, so our businesses are not used to collecting one. That is why New Hampshire businesses are so concerned that if this bill passes, they will be forced to collect sales taxes from not just 1 State but 46 other States and 9,600 taxing jurisdictions across the country. The redtape would be a nightmare for small companies with only a few employees. I heard from one small business owner in Hudson, NH. His business is about to reach $1 million in revenue, but his company has only six employees. Under the legislation, the so-called Marketplace Fairness Act, his company might be considered a large business.…”