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The Straight Story Donating Member (1000+ posts) Journal Click to send private message to this author Click to view this author's profile Click to add this author to your buddy list Click to add this author to your Ignore list Fri Feb-27-09 05:34 PMOriginal messageObama Proposes New Wireless Spectrum Fee ($500 million per carrier, per year) Advertisements [?]Obama Proposes New Wireless Spectrum FeeUnder President Obama's budget submitted to lawmakers, wireless carriers such as Verizon, AT&T and Sprint would be hit with huge fees for the right to hold a spectrum license. The fee per carrier would be $50 million this year and eventually rise to $500 million per carrier, per year within a decade. Users fear carriers will add the new fee to phone bills.The Obama administration Feb. 26 proposed to tax wireless carriers as much as $550 million per year for the right to hold a spectrum license. The fee would be in addition to the billions carriers have already paid in spectrum auctions held by the FCC (Federal Communications Commission).Under the budget outline provided by the Obama administration, the new fees would be used to help reduce the $1.7 trillion national deficit. The proposal before Congress would charge carriers like AT&T, Verizon and Sprint $50 million this year. The fee per carrier would jump to $200 million in 2010 and eventually rise to $550 million by 2019.According to the OMB (Office of Management and Budget), the fees would generate $4.8 billion over the next 10 years.http://www.eweek.com/c/a/Mobile-and-Wireless/Obama-Prop...
Still Sensible Donating Member (1000+ posts) Click to send private message to this author Click to view this author's profile Click to add this author to your buddy list Click to add this author to your Ignore list Fri Feb-27-09 05:42 PMResponse to Original message1. This is for show It is one of those things that looks like he's soaking the rich communications companies, but everybody knows that one way or another the consumer pays for it in the end. I don't have any problem making them pay a spectrum fee, even the original fifty million--if spread out to all their customers isn't a big deal in a year... but eventually getting to 10 times that amount, come on.
David Dunham (1000+ posts) Click to send private message to this author Click to view this author's profile Click to add this author to your buddy list Click to add this author to your Ignore list Fri Feb-27-09 05:56 PMResponse to Reply #12. Bad idea. Drop it now.
Still Sensible Donating Member (1000+ posts) It is one of those things that looks like he's soaking the rich communications companies, but everybody knows that one way or another the consumer pays for it in the end.
There's a reason why patriotism is considered a conservative value. Watch a Tea Party rally and you'll see people proudly raising the American flag and showing pride in U.S. heroes such as Thomas Jefferson. Watch an OWS rally and you'll see people burning the American flag while showing pride in communist heroes such as Che Guevera. --Bob, from some news site
Figure that out all on your own, DUmmie? Now apply that logic to ALL the companies you want to **** over and you'll finally understand why taxing those "evil rich" people and "evil" corporations isn't such a good f'n idea.
jmowreader (1000+ posts) Fri Feb-27-09 08:17 PMResponse to Original message 10. Good idea, but too expensive A flat $500 million fee would put many of them out of business.$10 to $20 per customer wouldn't be bad, though.
Corporations do NOT pay taxes in this country.
if all of them paid the same $500 million.... lets say one company has 50 million customers, thats $10 per customer. Meanwhile a company like MetroPCS with $5 million would have to charge $100 a year more per customer.goodbye discount phone service
Precisely. Some large companies might chose to absorb the costs of increased taxation in the short term, but not for long. Many smaller companies can not afford to do that at all.
and leftists will blame the loss of their affordable phone service on.... corporations of course.
Verizon has the most subscribers of all the cell phone companies. They have a few over 50 million customers.So, that's between $1 to $10 per customer in taxes.However, since Verizon is a big corporation, they will have significant administrative costs associated with Hussiens new taxes. I think the $1 to $10 increase in taxes would end up at $30 - $50 in increased rates.
