Trying to close a $15.4 billion budget gap, Paterson called for 88 new fees and a host of other taxes, including an “iPod tax” that taxes the sale of downloaded music and other “digitally delivered entertainment services.”
Movie tickets, taxi rides, soda, beer, wine, cigars and massages would be taxed under Paterson’s proposal. It also extends sales taxes to cable and satellite TV services and removes the tax exemption for clothes costing less than $110.
Full Story: NY Daily News
It looks like New York has gone crazy with taxes to make up for budget gaps and the slow economy. Along with the various new fees and taxes there will be a 3.3%, or $698 million, reduction in school aid. The school system is already a mess and now your taking away money from the budget? Then you increase the cost of tution to take out the recession on students. It just seems when things are going good the rich profit the most and when things are going bad the middle class and poor people feel it the most. Don’t Jock Jay-Z, tax him and all the rich people in NY.
Don’t worry there won’t be a RealTalkNY tax in 09.