108-Year-Old Phone Call Tax Repealed

Posted: May 26 2006, 5:00am CDT | by , Updated: Aug 10 2010, 5:40pm CDT, in News | Mobile Phones

 
108-Year-Old Phone Call Tax Repealed
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Thursday, a long legal battle over an outdated tax finally resulted in what is being called a huge "win" for consumers. You may not know it by its name, but you are most likely paying a Federal Excise Tax on your wireless phone bill, which you will not be paying for much longer. The Treasury Department recently decided, at the outcome of a long-running legal debate, to get rid of the tax.

Believe it or not, this tax was originally imposed in 1898, meant to tax only the wealthy people who could actually afford a telephone. And it just happened to stick around through the years, which became a real pain when the wireless phone revolution happened.More information about the history of this interesting tax is available at mywireless.org, the site that was most active in its repealing.

Report Published by: Mark Raby

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The Author

<a href="/latest_stories/all/all/2" rel="author">Luigi Lugmayr</a>
Luigi Lugmayr () is the founding chief Editor of I4U News and brings over 15 years experience in the technology field to the ever evolving and exciting world of gadgets. He started I4U News back in 2000 and evolved it into vibrant technology magazine.
Luigi can be contacted directly at ml@i4u.com.

 

 

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