Tuesday, September 12, 2006
After 108 years of taxes to support a war no longer being fought, the Spanish American War, an illegal tax will be returned to taxpayers on the 2006 return. The maximum is $60 on a long distance bill and based on the number of people in the family, and that without copies of the phone bills. That's fine for 2006 but what about the 3% tax that has been paid on long distance phone calls for the past 108 years? The Spanish American war was ended with the Treaty of Paris on December 10, 1898.
The money was earmarked to pay for the war and the tax enacted in 1898, a luxury tax on long distance phone calls since only the rich could afford to make and pay for LD calls. The tax has just been repealed and phone and cell phone companies had until August 1, 2006 to stop charging the tax. I still want to know what happened and will happen to the funds that have been collected over the past 100+ years. I would like to have the 3% tax I have paid over the past 33 years, and the interest, too. I could use the money but I'd be glad to see the funds sitting in some slush fund collecting interest this past century funneled into Social Security. That should keep the fund solvent for at least another 20 or 30 years. I'll probably win the lottery sooner.
That is all. Disperse.