Congrats! We’ve finally paid for the Spanish-American War
Thursday, May 25th, 2006It’s just one example of our arcane telecom regs and taxes, but yes, there has been a surcharge on your long distance phone bill for well over 100 years to pay for that war. Now, after losing 6 lawsuits, the Treasury will stop the practice and refund $15 Billion to us. That represents what we’ve paid in the last 3 years, the extent that statute of limitations allow. Look for the refund in your 2007 check.
Read more: TaxProf Blog: Can You Hear Me Now? IRS to Refund $15 Billion of Telephone Taxes to Consumers