My series on the WHO, WHAT, WHERE, WHEN, and WHY of the credit crunch steps aside briefly...
And on a humorous note (though not really, if you think about it), I've come across this little tidbit:
A Proposed Tax on Digital Downloads
Interesting read. The basics are simple... you download a 99 cent song from iTunes, you pay the state sales tax. I'm not going to bore you with the details... click the link above to read the article.
One thing I did think was funny, though, was that the guy from NetChoice, and industry tech group lobbying against the tax uses the argument that downloads are eco-friendly as opposed to all the pollution casued by transporting CD's to and from stores.
"With global warming and a world that's running out of oil, the last thing
governments should do is add taxes on something that uses no oil and produces no
carbon," said Steve DelBianco, executive director of NetChoice. "A digital
download is the greenest way to buy music, movies, and software, since it
requires no driving to the store, no delivery vans, and no plastics or
packaging."
Really. That's funny.
The dollars and sense of it, however, tell a consistant story. As you
can see from the article,
"Including Nebraska and Tennessee, there are 17 states, plus the District of Columbia, that tax digital downloads, according to our earlier research: Alabama, Arizona, Colorado, Hawaii, Idaho, Indiana, Kentucky, Louisiana, Maine, New Jersey, New Mexico, South Dakota, Texas, Utah, and Washington."
Anyone in any of those states realize this? It would be interesting to know.
Anyway... look for this idea to gain support nationwide and even and attempt to push this to a congressional vote. Keep in mind I said attempt.
Regardless... states are hurting for tax dollars, as they, too, became serious consumers through this boom, and as foreclosures rise and employment falls, any thing that can generate significant revenue to shore up bleeeding budgets will be fast tracked....
And on a humorous note (though not really, if you think about it), I've come across this little tidbit:
A Proposed Tax on Digital Downloads
Interesting read. The basics are simple... you download a 99 cent song from iTunes, you pay the state sales tax. I'm not going to bore you with the details... click the link above to read the article.
One thing I did think was funny, though, was that the guy from NetChoice, and industry tech group lobbying against the tax uses the argument that downloads are eco-friendly as opposed to all the pollution casued by transporting CD's to and from stores.
"With global warming and a world that's running out of oil, the last thing
governments should do is add taxes on something that uses no oil and produces no
carbon," said Steve DelBianco, executive director of NetChoice. "A digital
download is the greenest way to buy music, movies, and software, since it
requires no driving to the store, no delivery vans, and no plastics or
packaging."
Really. That's funny.
The dollars and sense of it, however, tell a consistant story. As you
can see from the article,
"Including Nebraska and Tennessee, there are 17 states, plus the District of Columbia, that tax digital downloads, according to our earlier research: Alabama, Arizona, Colorado, Hawaii, Idaho, Indiana, Kentucky, Louisiana, Maine, New Jersey, New Mexico, South Dakota, Texas, Utah, and Washington."
Anyone in any of those states realize this? It would be interesting to know.
Anyway... look for this idea to gain support nationwide and even and attempt to push this to a congressional vote. Keep in mind I said attempt.
Regardless... states are hurting for tax dollars, as they, too, became serious consumers through this boom, and as foreclosures rise and employment falls, any thing that can generate significant revenue to shore up bleeeding budgets will be fast tracked....
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