This week, Senator Cruz (R-TX) expressed his concerns with the Internet sales tax bill that is currently being considered by Congress and the impact that it would have on small businesses all across the country that use the Internet to reach a global market. In both his op-ed and his floor speech on the Senate floor, Senator Cruz explained his belief that Congress should be removing barriers to small business growth and development and not saddling them with additional new tax burdens when economic times are tough. Senator Cruz explained that “during a time of economic challenge as we are in today, the very top priority of every elected official, whether Republican or Democrat, should be to restore economic growth, to get our economy moving, to get back to the economic dynamism, the economic strength that has lifted so many millions out of poverty and towards the American Dream.”
Unfortunately, the so-called Marketplace Fairness Act will only hinder the ability of small businesses and entrepreneurs from accessing the innovation and the economic power of the Internet, which is why during his floor speech, Senator Cruz commented that “I think it would be absolutely foolish to do anything to impinge on the entrepreneurial freedom of the Internet.”
Watch Senator Cruz's speech on the Senate floor below. For more information on his comments regarding the Internet sales tax bill, read his op-ed on Real Clear Politics.