Cloud Taxes Already Prevalent
Monday, August 24, 2015
States may or may not succeed in levying sales taxes on
Internet vendors located outside their borders, but that doesn't
mean they haven't been successfully looting other areas of the
electronic frontier. According
to Fortune, cloud services, such as Netflix, are increasingly
being taxed.
In July, Chicago enacted a "Cloud tax" which placed a levy on Netflix, Amazon, and other streaming services. Netflix says that its services are now taxable "in roughly half of U.S. states and certain municipalities," according to the WSJ. [bold added]I'd seen the earlier story linked in the excerpt, but it didn't mention the fact that so many states were already taxing (or ready to tax) Netflix. The above link also details the latest effort to revive the so-called "Marketplace Fairness Act" in Congress, discussed in the first link.
-- CAV
6 comments:
HI Gus,
Apparently our 'friends' down under have a more 'global' perspective on this 'problem'.
http://pc.blogspot.com/2015/08/lets-just-ban-online-purchases-outright.html
I guess for all statists, freedom is a problem to be 'solved', in both its free minds and free markets manifestations.
c. andrew
C.,
Yes, I spotted that some time after I checked the auto-post this morning. Notice that, in each story, the large companies immediately rolled over.
Gus
eMainStreet offered some of my favorite videos that oppose the Marketplace Fairness Act and any other poorly envisioned internet tax. I can't for the life of me understand why Congress insists on undermining free markets. The cynical part of me says that power prefers more power, in spite of progress. https://www.youtube.com/watch?v=DMEKXl0hNwo&list=PLt5zAu2L3A-oY-pUmAmE2LoU-KxJuSILm&index=1
Dave,
Thanks for leaving the link to the video. I look forward to viewing it a bit later.
Gus
I hope you find it informative. I liked it a lot. The series has 6, 2-min videos or so. I've been pretty concerned about this issue of late. (cloud taxes, efairness, internet access tax, etc.)
Dave,
Thanks for the durations. Working in videos and podcasts can be tricky for me.
Gus
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