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Wednesday, 08/02/2006 8:34:54 PM

Wednesday, August 02, 2006 8:34:54 PM

Post# of 157299
It's about time, lol...

Catholic Church admits Galileo was correct, and
US Drops 1898 Long Distance Excise Tax

The US Internal Revenue Service (IRS) and the US Department of the Treasury decided after more than 100 years to stop collecting an excise tax that was levied in 1898 to help finance the Spanish-American War. All phone companies marketing long distance service are legally required to eliminate the three percent tax on the service. In 1898, the excise tax was seen as a way to have the wealthy fund the war since only wealthy people had phones. Verizon Communications announced that it had stopped collecting the tax as of August 1st. It was collecting it on monthly consumer telephone bills for long distance and bundled services. Verizon also said that customers of the services may be eligible for rebates on the tax paid in 2006. The IRS would be responsible for the rebates.

nilremerlin


New long-term bull market from Oct. 16, 2008 to Feb. 5, 2018
http://stariq.com/marketweek.htm

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