Friday 23 February 2018

Oregon Looks to Repeal Law That Gave Comcast a Huge Tax Break

Oregon Looks to Repeal Law That Gave Comcast a Huge Tax Break

A few years ago, you might recall that Oregon legislators passed a new law giving tax cuts to ISPs willing to quickly deploy gigabit broadband in the state. The goal was to encourage the rise of smaller broadband competitors, easing their entry into what traditional has been a very hostile market controlled by politically-powerful incumbents. But the effort had numerous issues, first of which being that an initial draft actually make deployment more expensive for companies like Google Fiber. The other problem: Comcast quickly nabbed millions in tax breaks due to the legislation without having to do much of anything different.
Read more: http://www.dslreports.com/shownews/Oregon-Looks-to-Repeal-Law-That-Gave-Comcast-a-Huge-Tax-Break-141300?source=Snapzu

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