The Progressive Policy Institute released a study today claiming that President Obama’s net neutrality plan would result in billions of dollars in taxes levied onto the consumer from both Federal and local governments.
The study rests on the idea that if broadband were reclassified as a utility under Title II of the Communications Act, the service “become[s] subject to both federal and state fees that apply to those services.” You can leaf through how the numbers are summed here, but the gist is that various fees and taxes would come into play if Title II were implemented, costing the consumer each month.
The total, yearly cost to consumers could reach $15 billion according to the institute.
Is the critique fair? As TechCrunch has noted in the past, the president’s proposal was light on policy details, so it is not clear if the White House has plans on how to deal with…
View original post 226 more words