Thursday, April 24, 2008

State May Try to Tax iPod Songs

Posted By on Thu, Apr 24, 2008 at 9:55 AM

Something tells me lawmakers might actually read this year's so-called Technical Corrections bill. The Revenue Department legislation, which makes usually arcane changes to tax law, typically rolls through the legislature virtually unnoticed in the frantic, final hours of each session. But this year, even before the administration has finished writing the bill, alarms are sounding. "A preliminary draft includes proposed changes with significant potential impact on businesses in Tennessee," an email from the lobbyists at Waller Lansden warns. The most controversial proposal doesn't only impact businesses. It would tax the songs on your iPod. The Republican Party is already on the case. “Most states do not tax digitally-delivered products,” state GOP flack Bill Hobbs says. “Tennessee shouldn’t either and state government’s current fiscal crisis should not be used by the Bredesen administration as an excuse to hit the people of Tennessee with a new tax that could cost them tens or even hundreds of millions of dollars.” Update: As commenters are pointing out, iTunes already are taxed. The Revenue Department says its proposal is really a technical correction.

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