Phone tax facts of the day
…the telephone tax is a very inefficient way to help poor people, says Thomas Hazlett, a professor at George Mason University, in a June white paper (senior.org/USFstudy). One Hawaiian phone company is getting an annual subsidy of $13,345 per line. It would be cheaper to give these people free satellite service.
Alaskans are getting rich off oil royalties but still qualify for an average $175 a year each in phone handouts. The citizens of Jackson Hole, Wyo. are winners, too, to the tune of $282 each. Does Harrison Ford really need your help?
That is from Bill Baldwin at Forbes.com.