said by cmscholloway
:- The net result of this will be lost revenue to the city government (future revenue from SBC, and existing revenue from the Cable franchises).
- Cities, being the who they are, will have to make up for this revenue somehow (raise taxes, fees) or cut services.
Being a city dweller, I will now have to pay more taxes (or receive less services), whether I choose to subscribe to IPTV or not. This is EXACTLY the argument SBC uses against Municipal wireless.
Why is there lost revenue? Where I live, the city government taxes telephone service, but it doesn't regulate SBC nor does SBC have a franchise agreement. You don't need a franchise agreement to levy a tax on SBC.