Wednesday, September 3, 2008

Adios to the TIF Tax

As of September 1, 2008, the Telecommunications Infrastructure Fund (TIF) Tax is eliminated in Texas. It's about time!

This tax was created by the Texas Legislature in the mid-1990's as a tax to build telecommunications infrastructure in Texas. Before you ask, "Why do AT&T and Ma Bell need to receive government subsidies to build their infrastructure?" let's consider that this tax became completely obsolete by 2001 when the private companies built and improved their infrastructure to improve their networks.


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