I will be very brief. We have had 3 full days of debate on the Internet tax question. I am hopeful we will be able to get cloture on the McCain substitute. If the Alexander proposal, the alternative, is accepted, all across this country folks who now get a message that says ``You've got mail,'' will get a message that says ``You have special taxes.'' What Senator Allen and I have done over the last 3 days on the floor of the Senate is outline, under the Alexander proposal, the scores and scores of local jurisdictions that would be able to impose these special taxes on electronic commerce. Over the last 7 years, we have heard these State and local projections by governmental bodies about how revenue would be lost. In each instance, colleagues, they have not come to pass. In 1997, for example, the National Governors Association said that our Internet tax freedom bill would cause the virtual collapse of the State and local revenue system. That next year revenue went up $7 billion. All we are trying to do in the McCain compromise, and it is, in fact, a compromise--Senator Allen and I have sought a permanent ban on multiple and discriminatory taxes on electronic commerce. We are compromising now so that it is a 4-year proposal. We have made it clear to the other side regarding telephone calls made over the Internet, the way in which those are handled and taxed would not be changed. So this is a compromise proposal. We have had 3 days of debate.
Editor's note · Context
Discussing the implications of Internet tax proposals during Senate debate.
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