What Does $7 Billion in Telco Subsidies Buy?
Thomas Hazlett: The “universal service” regime ostensibly extends local phone service to consumers who could not otherwise afford it. To achieve this goal, some $7 billion annually is raised – up from less than $4 billion in 1998 – by taxing telecommunications users. Yet, benefits are largely distributed to shareholders of rural telephone companies, not … Continue reading What Does $7 Billion in Telco Subsidies Buy?
Copy and paste this URL into your WordPress site to embed
Copy and paste this code into your site to embed