NY Democrats propose 4% tax on Netflix, Uber to fund MTA
Summary by Ground News
The plan would hit streamers with the 4% surcharge, potentially netting $100 million annually for the state’s coffers, the Assembly’s budget proposal predicts, putting a new + on bills for everything from AppleTV+ to Paramount+.
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New York Post
NY Democrats propose 4% tax on Netflix, Uber to fund MTA
New Yorkers may soon be forced to pay more for their streaming subscriptions like Netflix and Hulu in a bid to stave off a major MTA fare hike.
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
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