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Reply #9: It will likely pass [View All]

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ultraist Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jan-29-05 12:17 AM
Response to Reply #7
9. It will likely pass
"Currently, the 3 percent excise tax applies only to traditional telephone service. But because of technological convergence and the dropping popularity of landlines, the Joint Committee on Taxation concluded in its review of tax law reforms that it might make sense to extend the 100-year old levy to new technologies. The committee did not take a position on whether Congress should approve such an extension and simply listed it as an option..."
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