Happy with your iTunes songs and movies? If you are, you better download all the music and other content you can before the proposed “iTunes tax” begins in New York. It seems that Governor David Paterson feels it isn’t depressing enough being surrounded by tens of thousands of out of work financial executives and once high flying hedge fund titans… He wants to make sure the same misery you deal with in public – when perhaps you run into ex-Madoff fund investors, follows you back home into your apartment.
So when you click to confirm that download – regardless of the service, you will likely soon be hit with a new tax.
Tell me once again, why do people choose to live in New York?
Perhaps the only good news is the tax is only 4% a thankfully, the tax on purchasing CDs will remain the same.
Personally, I just hope they don’t find a way to add fees to Pandora.