NY Dems: Fund public transport with a tax on ... Netflix?

Lawmakers are considering a sales tax on streaming services such as Netflix Inc. to prevent fares from rising on New York’s subways as state budget talks head toward a critical deadline next week.

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State lawmakers are poised to reject Gov. Kathy Hochul’s plan to bail out the Metropolitan Transportation Authority by increasing payroll taxes. Her $700 million payroll-tax-increase proposal was paired with a mandate for more contributions from New York City’s government. Democratic leaders in the Legislature are trying to coalesce around an alternative, weighing increases in corporate taxes and many other measures such as a fee on package deliveries, a new surcharge on ride-hailing trips or taxes on streaming services.

[So they’re taxing the people who stay home to subsidize the people who don’t? In what universe is that fair or equitable? Why not just raise the fares on the people who actually use the service? — Ed]

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