Wednesday, August 03, 2011

Wireless - No New Taxes!

Communications Daily reports that the CBO issued a report yesterday to the effect that passage of the Wireless Tax Fairness Act wouldn't cost state or local governments any lost revenue. The bill would impose a five year moratorium on new state and local taxes on wireless services, which are already overburdened with these levies.

CBO said no there would be no cost because no state or local governments plan to impose such taxes.

Whatever. There is no sound rationale for imposing new taxes on wireless. There is a rationale for reducing them -- at least to bring them in line with sales taxes imposed on other goods and services.