26 May 2006

End of Telephone Excise Tax in the US?

A tax that was levied to finance the "Spanish-American War" that ended 108 years ago may be finally terminated (see this -- free registration required). Other observers are a bit more skeptical. This case has been a "poster child" for how easy it is to enact taxes in the US, and how difficult it can be to eliminate them even if their justification is long since gone. Another similar example is the tax on alcohol in Pennsylvania, which was designed to aid victims of the Johnstown Flood ...

Technorati Tags:

No comments: