New bill in Tex. Senate (SB-547) would amend state’s sales tax on...
New bill in Tex. Senate (SB-547) would amend state’s sales tax on telecom services, applying it only to charges that actually pay for local and interexchange phone service. Currently, sales tax is paid on entire phone bill including “public…
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interest” surcharges for universal service, 911, school and library phone discounts, deaf relay service. State Sen. David Sibley (R-Waco), bill sponsor, said it was unfair to tax amount to other taxes, and ending sales tax on surcharges would save phone customers $96 million on state and local sales taxes. But opponents say tax cut is unwise when state’s surplus is dwindling and economy is slowing.