H.R. 7276 proposes to eliminate the excise tax on telephone and other communication services by amending the Internal Revenue Code of 1986. The bill is introduced by Mr. Connolly and Mr. Thompson of Pennsylvania and has been referred to the Committee on Ways and Means. The...
Simple Explanation
H.R. 7276 is a plan to get rid of an extra tax people pay when they use phones or other ways to talk to each other, making it cheaper to use these services.