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TechNet Opposes Measure to Impose New Taxes on America's Small Businesses
Jul 29, 2011 (04:07 PM EDT)
WASHINGTON, July 29, 2011 /PRNewswire-USNewswire/ -- TechNet, the bipartisan network of CEOs that promotes the growth of the innovation economy, today announced its opposition to "The Main Street Fairness Act" measures offered in the House and Senate. TechNet continues to oppose new tax regimes that increase Internet sales tax complexity for U.S. consumers and businesses.
"The Main Street Fairness Act bills will make it more complicated, expensive and onerous to conduct business on the Internet," said Rey Ramsey, President and CEO of TechNet. "During these difficult economic times, the last thing we need are additional burdens on this growing economic sector."
TechNet is the national, bipartisan network of CEOs that promotes the growth of technology industries and the economy by building long-term relationships between technology leaders and policymakers and by advocating a targeted policy agenda. TechNet's members represent more than one million employees in the fields of information technology, biotechnology, e-commerce and finance. TechNet has offices in Washington, DC, Palo Alto, Sacramento, Seattle, Boston and Austin. Web address: www.technet.org. You can also follow us on Facebook and Twitter at @technetupdate.