The party that believes in less taxation is the Republican Party. No one can seriously believe that House Democrats, who have fought us at every turn when it comes to reducing the burden of taxes, litigation, and regulation will now turn around in an election year and promote tax relief and a stable framework for the new economy. The Congress, under Republican leadership, will vote to extend the moratorium on Internet taxes. The Internet cannot continue to drive our country's economic and intellectual growth if it gets bogged down in thousands of different bureaucratic jurisdictions that want to regulate and tax it. The Congress, under Republican leadership, will vote to end taxes on Internet access charges, and remove the excise tax on consumer's phone bills.
Taxes are an impediment to economic growth.
Instead of retarding growth, we must encourage it. We must provide all of our citizens with the opportunity to join the information age. Already, millions of Americans are online everyday, like kids doing their homework, seniors chatting with their grandchildren, the unemployed searching for new opportunities in the classifieds, and all of you. The Congress, under the leadership of Republicans, voted to lower capital gains taxes, to make it easier for entrepreneurs to get the capital they need to start their businesses. Unfortunately, the President vetoed that tax bill and a majority of Democrats led by Dick Gephardt voted against it.