Gizmodo
If you recall back to January, we reported on a little tax that Teddy Roosevelt started back in 1898 to help fund the Spanish-American war. This 3 percent federal exise tax is still affecting landline and cellphone bills today. The good news is that the Spanish-American war has finally ended because the Treasury Department is eliminating the tax after a long legal battle. Three percent may not seem like much, but this is a big win for the consumers.
NEW YORK, 2:53 AM, SUN JUL 6 |
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Comments
What?!? I didn't know about this war...did we win???
i don't imagine we will see that 3%, the cellcos will take it as profit
greysky, You get the tax added onto your bill directly. You'll actually see it as a line item on your bill currently.
And the ghost of Teddy Roosevelt can finally rest in peace and stop bothering me for booze.
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