Thursday, January 15, 2009

Obama's Broadband Plan - BusinessWeek

At the core of the $20 billion to $30 billion effort under discussion by Obama's advisers are tax breaks for companies that extend the availability of broadband or, in regions where it already exists, boost the speed of service, several people involved in the discussions tell BusinessWeek. Companies that build broadband networks in areas with no service could receive as much as 60% of their investment back in tax credits. Companies that increase the speed of existing networks could get tax credits of as much as 40%. The tax incentives also could be structured to promote high broadband speeds, according to Jeffrey Campbell, director of technology and communications policy for network equipment maker Cisco Systems (CSCO). For example, some analysts say the government could give 20% tax credits for 20-megabit-per-second service and 40% credits for 100-megabit service.
Obama's Broadband Plan - BusinessWeek

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