VoIP no bargain for cities losing phone-tax revenue
Leslie Cauley writes in USA Today:
Internet telephony may be one of the best bargains around for consumers. But it may also be a threat to the economic stability of cities across the USA.
Once considered a toy for techno-geeks, VoIP is making its way into the mainstream. The Yankee Group research firm estimates that VoIP will have close to 30 million users by 2009, up from fewer than 1 million today.
The problem: Cities have long depended on telecom taxes to help pay for everything from sewer lines to teachers' salaries. Internet telephony, considered an "information service," operates largely tax-free.
posted by Fergie @ 6/21/2005 05:52:00 AM
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