Telecom groups praised efforts to repeal the 107- year-old federa...
Telecom groups praised efforts to repeal the 107- year-old federal excise tax on telecom services in a bill introduced Tue. by Sen. Santorum (R-Penn.). The Joint Committee on Taxation said in a Jan. 2005 report there is no need…
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for the tax. The CBO said in Feb. the tax hurts the economy. The tax, imposed to pay for the Spanish- American War, is deemed regressive because lower-income taxpayers pay more of their income on the tax than the wealthy. “There is no justification for a luxury tax on telephone calling. Americans regard staying in touch with friends, family and business associates as a normal and important part of their daily lives,” said Herschel Abbott, BellSouth vp govt. affairs. USTelecom, formerly USTA, also praised the bill. Santorum was joined by Sens. Crapo (R-Ida.) and Smith (R-Ore.). Rep. Miller (R-Cal.) introduced a bill in April also to repeal the excise tax.