Chicago has a Ridiculous New Tax
Article from The Daily Wire by Hank Berrien.
The city of Chicago, known far and wide as one of the murder capitals of America, also has some of the most exorbitant taxes in the country, with one that really seems outrageous: an amusement tax that now taxes PlayStation users.
As Brittany Hunter writes for the Foundation for Economic Education, a tax imposed by the city of Chicago targets PlayStation users. It was added to the amusement tax that had put a 5% on activities such as an evening at the theater, concert, sports event or a movie.
In mid-November, PlayStation 4 users in Chicago received a message from Sony indicating that as of November 14, 2018, a 9% “amusement tax” would be imposed for PlayStation subscriptions such as PlayStation Now, PlayStation Plus, PlayStation Music. As Hunter notes:
Americans for Tax Reform reported of the city’s implementation in 2015 of a “cloud tax” to add to the already existing amusement tax, “The new policy is predicted to generate an extra $12 million in annual revenue for the city, and is seen by many as a feeble attempt to quench the city’s $430 million budget deficit, and the $530 million in increased payments to police and fire fighter pension funds for 2016 … Chicago already has one of the highest sales tax rates in the country at 9.25%. Now, the tax collector can literally infiltrate the living room.’
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