Benny Johnson
👤 SpeakerAppearances Over Time
Podcast Appearances
Okay, sorry.
Benny almost got it right.
The subsidy is not tax rate officer investments.
That's not right.
The subsidy is as follows.
Do you remember when the federal government started saying to AT&T and Verizon and T-Mobile, you want to put up that cell phone tower, you have to pay for the electromagnetic magnetic airspace.
Do you remember that?
Yes.
Same with the networks.
But
The only thing they had to do is apply for a license, and the government said, okay, it's all yours.
The individual stations, it's all yours.
They never had to pay for the airspace.
Everybody else has to pay for the airspace.
They paid billions for 5G.
Same for 4G.
Yes.
The difference is they're no longer in file cabinets.
It's all online.
So you can, in fact, it's required now and you can see any stations public file online.