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At long last--tax relief!(telephones taxation relief)(Brief article)

The New American

| June 26, 2006 | COPYRIGHT 2006 American Opinion Publishing, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

It took 108 years, five appeals-court rulings, and roughly a decade of congressional protests, but on May 26 outgoing U.S. Treasury Secretary John Snow announced that the federal government will finally permit the 1898 telephone tax to expire.

Initially imposed to raise revenue for the Spanish-American War, the telephone excise tax was revised in 1965 to permit the feds "to tax long-distance calls based on elapsed time, distance, or both," observed the Chicago Tribune. "In 2005, the Internal Revenue Service insisted both types of calls were taxable. The courts ruled the tax did not ...

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Source: HighBeam Research, At long last--tax relief!(telephones taxation relief)(Brief article)

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