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| Archive THE WHITE HOUSEOffice of the Press Secretary For Immediate Release October 8, 1998 STATEMENT BY THE PRESIDENTI am pleased that the Senate has joined the House in passing the Internet Tax Freedom Act. This bill will create a short-term moratorium on new and discriminatory taxes that would slow down the growth of the Internet, and launch a search for long-term solutions to the tax issues raised by electronic commerce. As I said earlier this year in my speech on Internet policy, we cannot allow 30,000 state and local tax jurisdictions to stifle the Internet, nor can we allow the erosion of the revenue that state and local governments need to fight crime and invest in education. I look forward to signing this legislation into law so that America can continue to lead the world in the Information Age. |
