"VOIP is a new technology that has the potential to save the private sector and government upwards of 25% of their current telecommunications spending.

"Detractors say a lot of the savings come from sales taxes and charges that take about 18% of your phone bill. 18% you say, isn�t that so much higher than the 5% sales tax I pay on potato chips? It sure is but you probably never knew since your phone bill is so complicated to begin with.

"VOIP offers a way around this outrageous levy that punishes consumers and strangles economic growth. And you know something, in the end this grand technology will end up contributing more in tax revenues. This is because the private sector will invest those savings each and every year with a very high rate of return.

"Eventually, the greater income from these investments and savings will lead to greater tax revenues since they will be taxed at more than one stage of income (corporate, salaries and sales).

"In the short run, the savings of government and taxes on new equipment sales will buffer the initial tax losses as well. Ask yourself has the Internet closed down your local school? You would not discourage a super solar car because you deprive the government of gas taxes. In the same way let�s not discourage VOIP."

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