Special Access: The $10 Billion Hidden Broadband Tax
You pay a hidden broadband tax every day and you don't even know it.
- You pay it when you send an email or surf the Internet or make a wireless phone call.
- You pay it when you use your credit card at the check out aisle at Target, Home Depot or Wal-Mart.
- You even pay it when you use your ATM card to withdraw cash from your bank.
It's a lot of money. Each year, you and other consumers pay $10 billion in hidden broadband taxes.
Who's collecting all of this money? Verizon, AT&T and the big landline phone companies. They collect this windfall in the form of fees they charge other businesses and non-profit institutions to use certain telecom circuits known as special access circuits.
Wireless companies, banks, retailers, hotels, manufacturers, educational institutions and insurance companies depend on special access circuits to access broadband and deliver services to you. It's an essential part of the broadband economy.
And guess what these businesses do when they are charged these excessive special access fees? They pass it on to you in the form of higher prices.
For years consumer groups and businesses have asked the FCC to reign in AT&T and Verizon. Finally, it appears the FCC is ready to act.
To learn more about this issue, visit http://nochokepoints.org and then contact the FCC and demand that they end this hidden broadband tax.
After all, who needs this money more? You and your family or AT&T and Verizon?
