Taxes
USF Rates Spike Again
By Lawson Faulkner Last week, the FCC announced yet another rate hike for its Universal Service Fund (USF), a controversial program responsible for subsidizing American broadband infrastructure. On Wednesday, FCC officials mandated a 34.4 percent contribution factor for telecommunications companies generating end-user revenue, up from 32.8 percent during…
New Taxes On Tech Companies Won’t Fix USF
By James Erwin The Universal Service Fund (USF) is in trouble and has been for some time. Its current funding mechanism does not raise enough revenue to consistently support the outlays demanded by the programs it funds, and reform is badly needed. Sadly, but unsurprisingly, some in Washington want…
Small Business Owners Testify to Damage Caused by South Dakota v. Wayfair
“It has taken us a year to comply and resister in 42 states even though the majority of our sales are tax exempt. I estimate that we have spent well over 15,000 hours so far at the cost of over $75,000,” said Lester.