Wednesday, October 04, 2006
NJ Tax for iTunes
The lovely state of New Jersey has levied a new tax that began this month that institutes a sales tax on iTunes music downloads. For the most part $0.99 is pretty cheap for a song but by adding the 7% sales tax (up from 6%), you're paying over a buck per song now. I don't have a problem with taxes really as long as they're used for the right thing. Adding taxes to kill budget deficits doesn't seem right though. If you get your state in the hole by 4.5 billion dollars, you're obviously doing something wrong. Real estate taxes are through the roof almost everywhere, I don't see a reason to add this type of tax. If successful other places are going to be doing it and then we're all just going to go back to stealing music like the good old days in the 1990's.
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