Daily Archives: December 17, 2008

New York Tax Proposal (12.17.08)

“Guess what Paterson plans to tax? All of it.” reads the Metro New York headline. The description below shows taxes on goods which (maybe because I’m reading John Adams right now) is eerily similar to the stamp act and one of the many reasons (soon to be) Americans revolted back then. Sitting on the Path train on my way to work I flipped the page hoping I had mistakenly picked up a copy of The Onion.

The proposed taxes involve an 18% “obesity tax” on non-diet sodas, taxes on taxis, sporting events, beer, movie tickets, cable and satellite TV, and the most ridiculous of all, a state and local tax of 8.375% on Internet movie and song downloads. Thought iTunes songs are 99cents? They could be $1.08 if you live in NYC.

There are many sides to this argument though. And it’s no debate that the state needs to get money from somewhere so it doesn’t have to cut education and health programs the way it is. I’d love to hear what people think.

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