Telephone Excise Tax repealed

Log Out | Lost Password? | Topics | Search | Who's Online Contact | Register | My Profile | SO home | MOL home

Thread Originator Last Poster Posts Pages Last Post   Closed: New threads not accepted on this page

Author Message   sportsnut Citizen Username: Sportsnut Post Number: 2424 Registered: 10-2001 Posted on Thursday, May 25, 2006 - 11:29 am:        http://money.cnn.com/2006/05/25/news/telephonetax_refund/index.htm Depending on your long distance usage you may be entitled to a fairly substantial refund. The amounts at issue are the federal excise tax on long distance services since February of 2003. Edited to add: The refund will be fairly substantial if you are a business who incurs substantial long distance costs. For individuals it won't be so much since the tax was 3% of long distance costs.   Rastro Citizen Username: Rastro Post Number: 3231 Registered: 5-2004 Posted on Thursday, May 25, 2006 - 12:43 pm:        Yeah! A real tax cut for everyone, however minor. And it will force a budget cut (I hope) equal to the billions it brought in.