This Just In “Telephone Tax Refund For Everyone!”
“Today is a good day for American taxpayers; it marks the beginning of the end of an outdated , antiquated tax that has survived a century beyond its original purpose, and by now should have been ancient history,” said Treasury Secretary John Snow in a statement.”
I was listening to Off The Hook and it turns out that there was once a “luxury” tax on long-distance services way back in 1898 to help pay for the Spanish-American War that is now refundable. As the article says “The refund will apply to the 3 percent excise tax billed to them on long-distance service since Feb. 28, 2003 and will include interest. Consumers will be able to claim it on their 2006 tax returns, which they will file in 2007.” So if you need some extra cash and you’ve paid for a long distance during those dates, by all means get some money back.
Woot!
nathan
Wow – that’s great – but why only refunded since 2003?