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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: 2) by dry on Tuesday December 05 2017, @06:20AM

    by dry (223) on Tuesday December 05 2017, @06:20AM (#605518) Journal

    Well that's really worked in America, every tax cut has resulted in less money being given to the corps as the American government would never borrow or print money. And they really wouldn't give away land, right a ways through your yard and various other goods.
    They'd never fight another country to support some banana growers either.

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