NY Dems Propose 4% Tax On Netflix, Uber To Avoid MTA Fare Hike

NY Dems have never thought of a tax they didn't like!

  • New Yorkers may soon be forced to pay more for their streaming subscriptions like Netflix and Hulu in a bid to stave off a major MTA fare hike.
  • Democratic members of the New York state Assembly on Thursday submitted a budget proposal that would impose a 4% sales tax on popular video and audio streaming services.
  • The Metropolitan Transportation Authority said it needs an influx of $1 billion to keep subways, buses and commuter trains running, without resorting to a planned 5.5% fare hike that would boost the price of a single ride from the current $2.75 to $3.
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