Feds cut off phone tax after 108 years

Yoo Ess Eh Today Dawt Com ^ | 5/26/2006 | Paul Davidson

[xrp]

Can't post because of copyright stuff and USAToday.com's hatred of Free Republic, so you just go to USAToday.com and look for the article.

[xrp]

The Spanish-American War 3% tax on long distance phone is gone! Wow, only takes government 108 years to end a tax, nothing like the efficiency of government.

Take note in the article how the author cites how this will cost the poor, pitiful government $46,000,000,000.00. No mention of how much this saves the taxpayer, of course. Government knows best!

[Enterprise]

Well, if we're lucky, in another 108 years, more taxes will be cut off. It takes them a while, but they eventually get around to it.

[Red Badger]

That's $48Billion dollars that will circulate thru the economy instead of thru the bureaucracy...........

[Personal Responsibility]

Now that we got rid of that we can start asking about others. When did Sales Tax get implemented?

[xrp]

Just wanted to see if this passes as ok, or if it still violates USAToday's hatred filters.

thanks!

[tomnbeverly]

If we were allowed the interest only on all the taxes that we pay in our lifetime we would all be rich.

[Coldwater Creek]

I will guarantee that it is no longer profitable for the government to collect this tax, or it would still be on your bill.

[A.A. Cunningham]

Treasury Announces End to Long-Distance Telephone Excise Tax

Feds cut off phone tax after 108 years

[xrp]

Thanks! I need to OLD myself now!

[King Moonracer]

You must be travelling today to be reading McNews®

[BluH2o]

Rest assured this 108 year old tax will be replaced with something even more lucrative for government. At this moment in Washington they're trying to come up with a tax on the Internet ... as in a e-mail tax. Just a matter of time ... and it won't take 108 years.

[Cobra64]

When did Sales Tax get implemented?

Depends on what state you live in.

[Personal Responsibility]

New York. How about federal income tax? Sorry for pestering, but I am not a tax historian by any stretch :)

[The Great RJ]

Note this is only the excise tax on long distance service and the 3% tax on local phone service still stands. Though I have been paying my own phone bills for nearly 30 years my refund will only go to 2003. Also no word whether this refund will also cover the excise tax collected on your cellular service.

While this repeal is long overdue, I'm certain new taxes will soon be levied on my Internet access to pay for subsidizing broadband service in rural areas.

[The Great RJ]

Note this is only the excise tax on long distance service and the 3% tax on local phone service still stands. Though I have been paying my own phone bills for nearly 30 years my refund will only go to 2003. Also no word whether this refund will also cover the excise tax collected on your cellular service.

While this repeal is long overdue, I'm certain new taxes will soon be levied on my Internet access to pay for subsidizing broadband service in rural areas.

[stompk]

the article i read said they conceded after losing 10 appeals.

they didn't really give it up very easily, did they?

[cake_crumb]

"Well, if we're lucky, in another 108 years, more taxes will be cut off. It takes them a while, but they eventually get around to it."

....Only after they pass ten new taxes though.

[cake_crumb]

"When did Sales Tax get implemented?"

Sales and use taxes are set individually by each state government.

[Daus]

The good news:
The Spanish-American War 3% tax on long distance phone is gone!

The BAD news:
The 4% War On Terror tax was just added.

:)

[cbkaty]

That's $48Billion dollars that will circulate thru the economy instead of thru the bureaucracy...........

The bureaucrats will be whining.....and wringing their hands..and the media will express shock and demand another revenue stream because of......

the horrible affect on the "cheeren"...