wombat_socho (wombat_socho) wrote,
wombat_socho
wombat_socho

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About damn time

Treasury mulls end of phone excise tax, the article in the Wall Street Journal said, pointing out that the law had originally been enacted to help pay for the Spanish-American War in 1898. Jesus, I don't think any of those veterans are still alive, are they? Apparently Congress tried to repeal the tax in 1990 but couldn't override a Clinton veto. The black cloud around this silver lining is that the paperwork required to get the refund of the 3% tax is so onerous that the average phone user, who's entitled to a refund worth $50, probably won't bother, according to this article from USA TODAY. You'd think it'd just be simpler to give everyone an additional $50 refund on their income taxes.
Tags: culture & politics
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