Kerry backing broadband
So America’s probably got a pretty good idea that the rest of the world is crossing its fingers for Kerry to win the election. And what better reason for the US voters to put Kerry in the Whitehouse than the offer of broadband for all? A Kerry admininstration would provide federal subsidies to get broadband access available to all Americans. While Bush is hoping to make things easier for broadband rollout by reducing regulations and hoping that does the trick, Kerry is planning on offering a 10% tax credit for investments in broadband for rural and inner city areas. 20% tax relief would be provided for next-gen broadband technology. If the Democrats have done their sums right, the tax credits would cost $2 billion over five years.