North Carolina legislators are looking to modernize the state's tax code by including digital download charges. News-14 reports the new tariff could generate $12 million over the next year, a paltry figure compared to the state's currently expected revenue shortfall of $2 billion.
The new tax would affect digital purchases of music, movies, software and games. Rep. Paul Luebke (D) explains that it only makes sense that customers should pay state tax on digital items, because it's just like any other store. That may be, but is the way out of a bad economic situation to tax the consumer more?