PJ BLOGGER

Verizon to stop paying some local tax?

In Uncategorized on November 17, 2008 at 2:34 pm

Friday, November 14, 2008 7:22 PM

http://abclocal.go.com/wabc/story?section=news/business&id=6505801#bodyText

HACKENSACK, N.J. — Verizon is telling New Jersey towns that it will stop paying local taxes on utility poles, wires and other equipment because people are using other means to communicate.
Municipal leaders in cash-strapped towns say the loss of revenue could force them to shift the costs to homeowners.

The Record of Bergen County reports Verizon is using a 1940 state law to argue traditional telephone use has slipped significantly as people turn to cable and the Internet for phone services.

Verizon says the law requires the company to pay taxes on landline equipment only when it is the dominant provider. The company says it is losing more than 35,000 residential phone customers a month due to competition.

The state attorney general is looking into whether Verizon is following the law.

http://abclocal.go.com/wabc/story?section=news/business&id=6505801#bodyText

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  1. Verizon has lots of equipment in the village…that Central Office on Ridgewood Ave is worth lots of tax monies to our friends at City Hall…..

  2. Hi PJ, I was wondering if you could post this on the blog for me.

    Last Night Nov. 16th at 5:00 pm , a mother with a child in a stroller were hit by a car. They were crossing Godwin ave. in the pedestrian crosswalk ( cross street Sherman Place ) when they were hit. I heard the thump from inside my house. They were taken to the hospital. Ridgewood Police would not release any info on the current condition of the mother and child and they would not tell me any info about the accident.

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