Paying more to download
HARTFORD — Among a slew of new taxes set to go into effect Tuesday is an increase in the sales tax on “digital goods,” which will apply to a variety of things including movie and television internet streaming platforms, like Hulu and Netflix.
The tax increase is expected to raise $27.5 million and $37.1 million in the two years of the biennial budget, according to the nonpartisan Office of Fiscal Analysis.
The state budget defines digital goods as any audio, audio-visual, reading materials, or ring tones that are electronically accessed or transferred, including e-books.
Proponents of the new tax say it is an attempt to create parity among internet and traditional goods and services.
Read more: https://www.journalinquirer.com/politics_and_government/paying-more-to-download/article_a33da878-e13b-11e9-a877-f301e5ebfaf2.html
(Manchester Journal Inquirer)