Gridlock News

After 108 years, the government can no longer tax your long distance phone bill and after August your long distance provider can no longer collect it from your bill. Plus, YOU can deduct the taxes you paid for the last three years (Back to 3/1/2003 - over 3 years) on your next tax return. You'll have the chance to itemize the actual taxes paid or eventually a standard deduction will be offered if you don't want to add up all those phone bill tax amounts. Who Wins? You Your Tax Preparer - if paid to prepare your taxes Phone Companies - Don't have to listen to us complain about this tax any more Who loses? Federal government no longer has funds for the Spanish American War. You - The average American Phone bill is 18% taxes. This only reduces it by 3%. Still have a long way to go! USATODAY.com - Feds cut off phone tax after 108 years