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Bristol-Myers Squibb Company Message Board

  • wareham2620 wareham2620 Feb 28, 2009 9:26 AM Flag

    Your phone bill is going up

    "Under President Obama's budget submitted to lawmakers, wireless carriers such as Verizon, AT&T and Sprint would be hit with huge fees for the right to hold a spectrum license. The fee per carrier would be $50 million this year and eventually rise to $500 million per carrier, per year within a decade. Users fear carriers will add the new fee to phone bills.

    The Obama administration Feb. 26 proposed to tax wireless carriers as much as $550 million per year for the right to hold a spectrum license. The fee would be in addition to the billions carriers have already paid in spectrum auctions held by the FCC (Federal Communications Commission).

    Under the budget outline provided by the Obama administration, the new fees would be used to help reduce the $1.7 trillion national deficit. The proposal before Congress would charge carriers like AT&T, Verizon and Sprint $50 million this year. The fee per carrier would jump to $200 million in 2010 and eventually rise to $550 million by 2019...."

    Oh yes, the people got what they voted for.You know the phone Co will be passing their cost on down to us.

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    • maybe the higher prices will put the ignorant cellphone drivers off the road, will improve safety 99%.

    • I saw where they are going to do away with the deduction for charitable contributions on your income tax.

      • 1 Reply to nanospeak
      • Are you really surprised? I found it interesting how during his speech to the joint session of congress last week Mr. Obama said that people earning 250,000 or more would be the only ones who would have their taxes increased, Then a day or two later we learn that he really intends to increase the taxes on HOUSEHOLDS that earn 250,000 or more. There's a big difference between the two.

        It's also interesting how the democrats were screaming about the Patriot Act invading their privacy but they have no problem with the government collecting and reviewing all of their medical records. Personally, I don't like either progam. But I guess if a democrat proposes something as invasive as the new health information database the kool-aid drinking dems will jut belly up the bar.
        Can you say hypocrite???

    • This is just the beginning. There will be many other increases in 'fees' to companies and consumers imposed by the Feds that are just hidden taxes. The companies will just past along their portion into increases in the costs of their goods or services paid by consumers. As a long time resident of Chicago, I have seen this movie many times. Welcome America to the Chicago way of increasing government size and influence while pretending not to increase taxes.

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