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We're sorry, this alert is no longer available. If you would like to learn more about ways you can take action, please visit Speed Matters.The short explanation of this alert was:
Right now we've got a great chance to close the corporate tax loophole that lets phone and Internet companies bank hundreds of millions in tax savings by putting your service at risk.
U.S. Representative Paul Hodes (D-NH) has announced he will introduce legislation that would reform the Reverse Morris Trust (RMT), an obscure loophole that lets companies like Verizon avoid hundreds of millions in taxes by dumping their assets on smaller, weaker companies.
This legislation is crucial to protect consumers like you. If the RMT loophole remains open, then Verizon and other companies could expand their efforts to dump their landlines -- jeopardizing phone and Internet service across the country.
Help close the RMT loophole and stop this from happening -- send a letter urging your member of Congress to co-sponsor Rep. Hodes' legislation.
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