NY Gov Wants To Tax iTunes
December 19, 2008 at 9:24 AM (PT)
The record labels couldn't do it, but NEW YORK's Governor wants to make APPLE iTunes shoppers pay more than 99 cents per song, reports CNN. Much of WALL STREET is gone now and so are the fat tax revenues it used to earn for NEW YORK state.
In order to close a resulting $15.4 billion budget gap, NEW YORK Govenor DAVID PATERSON has proposed 88 new fees and taxes. Among them, an "iPod tax" on the sale of downloaded music and other "digitally delivered entertainment services."