Consumers Win Huge Victory in Repeal of Federal Excise Tax; 108 Year-old ''Tax on Talk'' Stricken from the Books.WASHINGTON Washington, town, England Washington, town (1991 pop. 48,856), Sunderland metropolitan district, NE England. Washington was designated one of the new towns in 1964 to alleviate overpopulation in the Tyneside-Wearside area. -- MyWireless.org(R) declared today's repeal The Annulment or abrogation of a previously existing statute by the enactment of a later law that revokes the former law. The revocation of the law can either be done through an express repeal of the Federal Excise Tax Excise Tax 1. An indirect tax charged on the sale of a particular good. 2. A penalty tax applied to ineligible transactions in retirement accounts. This penalty is assessed by and paid to the IRS. Notes: 1. a huge "win" for wireless consumers. After years of consumer outcry and legal challenges in courts across the country, the Treasury Department finally repealed the Federal Excise Tax. "This breakthrough shows how united wireless voices can be powerful agents for change. MyWireless.org empowered wireless consumers to send more than 100,000 messages to federal policymakers asking for relief from the 3% Federal Excise Tax. It was a long battle, but tax relief is finally in sight for the more than 200 million wireless consumers who have been paying this outdated out·dat·ed adj. Out-of-date; old-fashioned. outdated Adjective old-fashioned or obsolete Adj. 1. tax for years," said Kimberly Kuo, Executive Director of MyWireless.org. Imposed by President William McKinley in 1898 to help fund the Spanish-American War Spanish-American War, 1898, brief conflict between Spain and the United States arising out of Spanish policies in Cuba. It was, to a large degree, brought about by the efforts of U.S. expansionists. , the Federal Excise Tax was originally a luxury tax, at a time when only wealthy Americans had phones. The war lasted only four months, but the "Tax on Talk" remained for more than 107 years. Until today's decision by the Treasury Department, every person who made a phone call paid an extra 3% for this outdated tax. Unlike other excise taxes excise taxes, governmental levies on specific goods produced and consumed inside a country. They differ from tariffs, which usually apply only to foreign-made goods, and from sales taxes, which typically apply to all commodities other than those specifically exempted. , the money raised through the Tax on Talk is not "earmarked" for a specific purpose--not even to improve service or support for the telecom services that were being singled out for the tax! "The average wireless consumer pays more than 17% in local, state and federal taxes, fees and surcharges every month. Striking the outdated FET FET: see transistor. (Field Effect Transistor) One of two major categories of transistor; the other is bipolar. FETs use a gate element that, when charged, creates an electromagnetic field that changes the conductivity of a silicon off consumers' monthly bills will bring more equity to wireless taxes. We hope that state and local governments will take note and reduce the outrageous tax burden wireless consumers are forced to bear," added Kuo. Go to www.MyWireless.org and register to help lower state and local taxes in your area.
MyWireless.org is a non-profit advocacy organization dedicated to
giving wireless consumers a clear and powerful voice to protect the
freedom, value, security and mobility they enjoy with wireless
services.
www.MyWireless.org
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