NY Democrats propose 4% tax on Netflix, Uber to fund MTA
8 Articles
8 Articles
NY Assembly Dems want to tax Netflix and other streaming services to boost MTA funding
ALBANY — New Yorkers could soon pay more to stream their favorite shows under a proposal from Assembly Democrats hoping to avoid a fare hike for subway riders. The Assembly’s proposal would impose a a 4% state tax and a 4% local sales tax on video and audio streaming services, such as Netflix and Hulu, in a bid to assist the cash-strapped Metropolitan Transportation Authority. Media or a ...
New York Could Tax Netflix and Hulu Subscriptions to Fund Trains
Like a number of other public transportation systems around the country, New York’s Metropolitan Transportation Authority is struggling as ridership still has yet to return to pre-pandemic levels. In an attempt to come up with more funding for the MTA, New York governor Kathy Hochul has proposed a $700 million payroll…Read more...
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