Advertisement

Lawmakers eying taxation on digital downloads


Color us completely unsurprised, but it's being reported that a number of state politicians are looking at the possibility of imposing new laws to levy taxes on digital downloads as a method of taping up shattered budgets. Yep, anything from music to videos to books are at risk, as a growing number of lawmakers are looking to start collecting taxes from each iTunes track and Kindle eBook you purchase. Of course, this idea is far from new, and a number of US states already impose such taxes, but it seems that the ever-growing amount of content purchased online has caught the eye of those looking for new streams of tax revenue. Needless to say, the issue as a whole is about as far from black and white as you can get, but we're not asking you to take our word for it -- tap the read link to get a good feel of just how sticky the situation really is.

[Image courtesy of Izzy]