Spent time yesterday morning going over bills, checking offerings ... contemplating dropping all Long Distance, going bare bones landlines.
Noted that rates were't bad ... maybe $5/mo but were almost doubled by taxes.
Only question being how to get the refunds?
Guess I'll double check the math and weigh chances.
Telco's will likely try to keep it to themselves...
WSJ.com - U.S. May Stop, Refund Excise Tax On Phone Service:
By ROBERT GUY MATTHEWS and AMOL SHARMA
April 14, 2006; Page A2
WASHINGTON -- The Treasury Department, following a series of hostile court rulings on the way it assesses the federal excise tax on phone service, is working on a plan to stop collecting the levy and refund billions of dollars to consumers and businesses, according to people familiar with the matter.
Government officials are holding closely guarded discussions on how to best handle the repayment process as well as mitigate the impact of about $60 billion in potential refunds and lost federal revenues over the next five years. The surcharge would likely disappear from long-distance and wireless bills, but local-call levies could remain.
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