New York State Mulls 8% ‘Netflix Tax’

New York State lawmakers are considering taxing streaming services as one way to help fund subways and other transportation systems around the state without raising fares. A proposal within the state assembly’s $233-billion proposed budget for the coming year would levy a 4% state tax and a 4% local sales tax on digital streaming products to help cover $9 billion in transportation and infrastructure maintenance and upgrades.

Source: Digital News Daily: New York State Mulls 8% ‘Netflix Tax’

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