View from the Center and Left Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : View from the Center and Left

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Bread Upon The Water who wrote (102631)	1/31/2009 2:41:50 PM
From: JohnM	Read Replies (1) of 543090

So, is this your kind of guy. A tax raiser?? ---------------------------- New York City to levy iTunes download tax? Sat, 01/31/2009 - 06:59 — Chauncey Dupree Tough times are hitting New York City. Mayor Bloomberg has to come up with ways to make up for all of the lost tax revenue on Wall St. One of his solutions? Levy taxes on music downloads from Apple, Amazon and anyone else still selling music online. For now, Bloomberg is proposing $894 million in new sales taxes, including: -Increasing the sales tax by one quarter of one percent from 8.375 percent to 8.625 percent -Repealing the sales tax exemption on clothing purchases under $110 -And new taxes on lots of things that are now tax-free, like music downloads. That's right – download a song or movie on your iPod and you pay new sales taxes. We aren't exactly sure how it would be enforced (by address of credit card?) nor when this will go into effect. 9to5mac.com

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next