Better known as a hidden tax hike…..
Check it out:
President Obama’s public stance that the FCC should reclassify broadband internet services as a Title II “common carrier” under the current Telecommunications Act carries many ramifications, but one is undeniable: there’s going to be a hidden tax hike, and it’s going to be paid for by consumers.
Title II common carriers are required to “contribute” to what’s called the Universal Service Fund – a government program to bring telecommunications services to underserved areas with the goal of universal coverage. Whether it’s called “contributions” or fees or whatnot, the function of the program is a tax on corporate revenues in order to fund services for those who might not have them otherwise. It’s a redistributive corporate tax paid for by consumers.