By: Tim MMF
This must be the “luxury tax” that’s been on phones. I always wondered if/when they’d remove it. Any word on how much revenue the tax accounted for?
View ArticleBy: Pragmatic Finance
Glad to see the Spanish American War is officially over. I’ve always wondered where and when that tax on telephones came from.
View ArticleBy: saving advice
I’m surprised they gave up after only 5 losses in court – they sure didn’t seem to want to give it up
View ArticleBy: Gary Peterson
In fact the telephone excise tax on long disance was a high as 25% during the last part of World War 2. This was done when the government order a major reduction on long distance rates. A cross coutry...
View ArticleBy: Mark
Something to think about….In 1898 phones were a luxury. I think the prevailing thought was lets screw the rich guys. Amazing little example of the dangers in class warfare.
View ArticleBy: Gary Peterson
After World War 2 there was another reduction in cross country long distance three minutes calls. The night rate it went from $3.00 to $2.00 so there was really no hurry end the tax. Now they needed...
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