Political Quotes

“I thank the Senator from Tennessee, Mr. Alexander, and the Senator from Illinois, Mr. Durbin, for this discussion they have had where I think they cleared up a lot of the confusion there might be over the bill. They have presented excellent reasons why we need to get this bill done, and why we need to get it done now--so we can continue to grow businesses in our States instead of growing businesses outside of our States. There are a number of things people have mentioned. One of the big ones I want to talk about is the small seller exemption. I know Senator Wyden from Oregon has suggested a compromise for the whole bill which was to create the nontax States to be a haven for all Internet sales, and that won't work. Our purpose is not to move all of the business online out of our own States but to keep it there. But there is a compromise in this bill. It is called the small seller exemption, and that is where people who are starting in business don't have to collect the tax when they are out of State. With in-State sales, a lot of them will have retail sales in their State as well as hopefully some online sales. On what they sell in their bricks-and- mortar store, they collect sales tax from everybody who buys from them. There is no exemption. But the compromise we made for the online sales was until a retailer hits the $1 million mark in a year--and we would love for them to hit the $1 million mark and have that kind of business.…”