by Patrick Neighly – 26/5/2006 04:40:00 Weblink to article The US Treasury has scrapped a 3 percent federal excise tax on long-distance calls and promised taxpayer refunds covering the past three years. The move follows a series of federal appeals court rulings against the government, which had tried repeatedly to preserve the US$6 billion generated annually by the tax.
by Patrick Neighly Weblink to article EU Information Society Commissioner Viviane Reding has accused continental governments of lagging on telecom advancements that could be used to fuel European economies. “It is worrying that in ICT research, Europe continues to lag behind its competitors, investing about half as much as the US,” she said in a presentation, urging governments “not to shy away from cross-border competition in the telecom sector.” Reding said that the impact of ICT on European productivity growth has fallen over the past decade and lashed out at economic reform programs that “fail to give a new impetus to information society policies or to cover drivers of growth such as the convergence of digital networks, content and devices.” Said Reding, “Only through stronger investment in ICT research and effective cross-border competition will we ensure that the great potential of ICT is used to lift our competitive performance across the economy.”