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Americans Taxed $400 Billion For Fiber Optic Internet That Doesn’t Exist

posted by martyb on Monday December 04 2017, @08:24PM   Printer-friendly
from the getting-shafted dept.

canopic jug writes:

For decades, people in the US have been given a song and dance by the telecoms about how tax cuts, surcharges, and a long list of other expenses are necessary for telecoms to "invest" in infrastructure. The concessions are granted again and again, but the investments are never actually made. In all, US taxpayers have paid $400 Billion in taxes and Internet surcharges for fiber optic upgrades that never happened.

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  • (Score: 0) by Anonymous Coward on Tuesday December 05 2017, @05:26AM (1 child)

    by Anonymous Coward on Tuesday December 05 2017, @05:26AM (#605515)

    The government says "You have to pay for this", and you have no choice but to comply.

    No other organization has that power.

    Apart from the MAFIAA?

  • (Score: 0) by Anonymous Coward on Tuesday December 05 2017, @10:29AM

    by Anonymous Coward on Tuesday December 05 2017, @10:29AM (#605570)

    It's just that the Mafia has a much smaller, more variable jurisdiction than Uncle Sam.