Federal USF Out of Control [telecom]

Jul 07, 2010 0 Replies

The Federal Universal Service Fund along with the Al Gore "I Invented the Internet - You Must Pay For It" slush fund extention is skyrocketing out of control. In January this year the tax was raised to 14.1%, and as of July 1, was raised again to 15%.



Now that cellphone companies such as TracFone can tap it to underwite the cost of "free" cell phones for so-called disadvantaged users, expect the USF to quickly approach the levels previously only seen in hospitality and rental car receipts.


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