Consumers have greatly benefitted from recent efforts to reduce telecommunications taxes. But this testimony shows that the municipal franchise tax on video, voice, electricity, and natural gas services still takes hundreds of millions of dollars a year out of consumers’ pockets.
Small Towns, Big Tax Increases
The city of Whitesboro ignited a firestorm recently when officials suggested adopting a tax rate that would have skyrocketed the average homeowner’s property tax bill by 61 percent. The initial public hearing to discuss the matter drew hordes of angry Whitesboro residents who voiced their discontent. So much so, in fact, that city councilmembers tabled...