Support Local Journalism, Join the SA Current Press Club.

Would Net Neutrality Mean Higher Taxes For Texans? 

click to enlarge net_neutrality_rally_cc_img_3.jpg

The idea of mega-conglomerate corporations paying for the Internet's fast lane and leaving everyone else in the dust probably leaves a sour taste in the mouths of most Americans.

On February 26,  the Federal Communications Commission will vote on whether the Internet should be regulated as a public utility under Title II. This would be net neutrality, at least that's the idea, and it would require companies to treat all broadband traffic equally on their networks. And it also comes with a telecom tax.



The folks at the number-crunching financial website Nerdwallet just released a report saying that the result will be higher taxes for everyone, to the tune of an estimated $6 billion in additional taxes for people living in the United States. Texans could pay an estimated $466 million in taxes. That translates to an estimated $71 extra per person in taxes in Texas, according to Nerdwallet.

But like net neutrality, the taxation implications are still up in the air because local and state laws would need to be factored into the equation and would vary across the country.


Support Local Journalism.
Join the San Antonio Current Press Club

Local journalism is information. Information is power. And we believe everyone deserves access to accurate independent coverage of their community and state. Our readers helped us continue this coverage in 2020, and we are so grateful for the support.

Help us keep this coverage going in 2021. Whether it's a one-time acknowledgement of this article or an ongoing membership pledge, your support goes to local-based reporting from our small but mighty team.

Join the San Antonio Press Club for as little as $5 a month.

Read the Digital Print Issue

October 20, 2021

View more issues

Newsletters

Join SA Current Newsletters

Sign Up Now

Subscribe now to get the latest news delivered right to your inbox.

Calendar

© 2021 San Antonio Current

Website powered by Foundation