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-- Excise Taxes. What does the money go to


Posted by Cobolt on Aug-13-2004 00:47:

Excise Taxes. What does the money go to

Ok, I was looking at my phone bill for my cell phone.

I know there are taxes from the FCC etc.
the E911 tax of .90 on every invoice.

and a Federal tax of 3% which is an excise tax.

What the hell is the Excise tax paying for???

this tax is also applied primarily to fuels/tabacco products/ and other random goods.

I just wanted to know if anyone knew what the hell this tax pays for. What does the federal government need to pay for regarding my wireless service that should not be applied to my service provider?

Just curious to see if anyone can explain it to me.

Thanks


Posted by torontotrance on Aug-13-2004 01:49:

HAH!

I'm Canadian and I've been wondering where my taxes have gone to, oh I know, to pad the pockets of the people, we elected in Ottawa


Posted by JM on Aug-13-2004 02:09:

quote:
Originally posted by torontotrance
HAH!

I'm Canadian and I've been wondering where my taxes have gone to, oh I know, to pad the pockets of the people, we elected in Ottawa


damn French Canadians.

>JM<


Posted by Matt on Aug-13-2004 04:22:

quote:
Originally posted by torontotrance
HAH!

I'm Canadian and I've been wondering where my taxes have gone to, oh I know, to pad the pockets of the people, we elected in Ottawa


Well... doesn't look like its going to a pharmacare plan!



Seriously... Martin needs to do something useful.


Posted by Q5echo on Aug-13-2004 05:14:

being able to find out exactly what the telecommunications excise tax pays for exactly could prove to be impossible since all revenues end up within the IRS along with all other excise tax. whether it goes to a collective for all taxes and disseminated throughout government or remains separate and pays for telecomm infrastructure, i don't know.

i would speculate on the former since it's original purpose was to fund the Spanish-American war 1898.



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