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Thursday, November 13, 2014

Regulating the Internet threatens entrepreneurial freedom

 November 13 at 8:31 AM
Ted Cruz (R-Tex.) is a member of the U.S. Senate.
Never before has it been so easy to take an idea and turn it into a business. With a simple Internet connection, some ingenuity and a lot of hard work, anyone today can create a new service or app or start selling products nationwide.
In the past, such a person would have to know the right people and be able to raise substantial start-up capital to get a brick-and-mortar store running. Not anymore. The Internet is the great equalizer when it comes to jobs and opportunity. We should make a commitment, right now, to keep it that way.
The next generation of Internet-connected devices, apps and services will generate trillions of dollars of global economic growth in the years ahead. And Americans are perfectly poised to take maximum advantage — if the government doesn’t take those opportunities away in the form of crushing taxes, rules and regulations.
Yet the threats from Washington to stifle freedom, entrepreneurship and creativity online have never been greater. Washington politicians want the money, and they want more and more control over our speech.
Four basic principles should guide policymakers, in a bipartisan manner, to preserve America’s leadership role in developing the future of the Internet.
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