I Read Stuff!!

Hanlon's Razor: Never attribute to malice that which can be adequately explained by stupidity.

Friday, August 04, 2006

Taxes and Debt

In 1898 the U.S. decided that Cuba should be a free nation. Luckily, Cuba felt the same way. On April 25, Congress declared war on Spain to free the Cubans. Soon after a luxury tax on telephone use was enacted to pay for the war. Apparently we are still paying.

Yes, the IRS and US government failed to repeal the tax once the war was paid for. It has raked in over 300 billion dollars over the last hundred years. 50 times the amount needed to fight the 6 month war. Our stout defenders, Verizon and AT&T, have just recently won a court battle with the IRS to remove the 3% tax.

The question is, will our bills go down or will the ILEC's profits go up?


Anonymous Anonymous said...

Option 2!!! Am I right?

8/04/2006 9:58 PM  
Anonymous Anonymous said...

Money talks and bullshit walks!!!!

Profits go up, gotta make the stockholder's happy!!!!

8/04/2006 11:56 PM  
Blogger JCole200 said...

The Federal Excise tax is listed on your "taxes" section of your phone bill. So unless this comes with an increase in the actual phone bill (which would have to be announced in most states by 25 days) then your phone bill will indeed go down next month.

It's a complete PR move by the phone companies. They can now say they got your bill reduced by 3%, which they did.

8/05/2006 1:08 PM  
Blogger mattjustmull said...

Long distance calls are mostly free these days. Does that mean that Verizon is paying this tax separate from your bill? If they are, then your bill won't change.

8/07/2006 9:49 AM  

Post a Comment

<< Home

GameInterestRelease Date
Civilization IV1
C&C 31
Company of Heroes1
Half Life 21
Half Life 2: Episode One1
Supreme Commander1
Call of Duty 22
Dungeon Runners2
Dungeon Siege II2
Far Cry2
Galactic Civilization II2
Hitman: Blood Money2
Jade Empire2
Neverwinter Nights 22
Sam & Max: Episode 12
Titan Quest2
Dark Messiah Might and Magic3
Heroes of Might and Magic V3
Indigo Prophecy3
LEGO Star Wars3
Marvel Ultimate Alliance3
Space Rangers 2: The Rise of the Dominators3
STALKER: Shadow of Chernobyl3
Stubbs the Zombie3
War Front3
Warhammer: Mark of Chaos3
Pirates of the Burning SeaM6/1/2007
Enemy Territory: Quake Wars?6/5/2007
Two Worlds?6/26/07
Sins of A Solar Empire?8/1/2007
Mass Effect19/7/07
Age of ConanM10/30/07
Crysis1Fall 2007
Elveon?Fall 2007
Half-Life 2: Episode Two1Fall 2007
Portals1Fall 2007
Spore1Fall 2007
Stranglehold?Fall 2007
Tabula RasaMFall 2007
Team Fortress 22Fall 2007
Dragon Age?Winter 2007
Fable 2?Winter 2007
Field Ops?Winter 2007
Halo Wars?Winter 2007
Gods & Heroes: Rome RisingMWinter 2007
Haze?Winter 2007
Hellgate: London1Winter 2007
HuxleyMWinter 2007
Kane & Lynch: Dead Men?Winter 2007
Left 4 Dead?Winter 2007
The AgencyMSpring 2008
Empire Earth III?Spring 2008
Guild Wars 2 MSpring 2008
Jericho?Spring 2008
Sacred 2?Spring 2008
Savage 2?Spring 2008
Time Shift2Spring 2008
Universe at War: Earth Assault3Spring 2008
The Witcher?Spring 2008
Darkest of Days?2008
On The Rain-Slick Precipice of Darkeness: Episode 122008
Warhammer OnlineM2008
Alliance: The Silent War??
Alone in the Dark??
Assassin's Creed??
BioWare MMO??
The Crossing??
Dungeon Hero??
Fallout 3??
Lego Batman??
Space Seige??
Culdcept SagaPC??
Gears of WarPC??
God of WarPC??
Beautiful KatamariPC??
Resistance: Fall of ManPC??
Odin's SpherePC??
Castle CrashersPC??

1 - I will buy it
2 - I'll buy it at discount
3 - Other people think it's good, but I wasn't interested when I first heard about it
M - Mainly Multiplayer. See if friends get interested.
? - Find out more about this game
PC? - Will it be released on the PC?