CCTA proposals for production contributions (cpf) based on a 2.5% tax and assuming 9% growth in revenues, goes up by 46% to $56 million in 1998, 74% in ’99 and 101% or $61 million in the year 2000 based on the 1995 contribution index of $42 million.
ccta projections for a production fund tax on dth and the telcos would result in a fund of $5 million in year one, or 1998, rising to $15 million in ’99 and $24 million by 2000.
With similar data, a new (existing) production fund mechanism would generate 9% more funds in year one, or 1998, but 5% less in total funds by the year 2000.
The short-term funding decline is even higher based on a 7% growth model.