Chicago extends taxing power to online movies, music, more (only 9%)

Posted: July 5, 2015 in Uncategorized

BLOGGIN' BAD w/ Gunny G! ~ HEY! NO MORE PC, REMEMBER? ~AMERICA CANNOT BE GREAT AGAIN UNTIL THE STAIN, STIGMA, STENCH AND SHAME OF "THE PRINCE OF FOOLS" IS OFFICIALLY AND FINALLY UNDENIED, AINOs (AMERICANS IN NAME ONLY) RECOGNIZED, AND THE SWAMP FLUSHED! -POTUS TRUMP!.....-IF WE CAN KEEP HIM?

Chicago extends taxing power to online movies, music, more (only 9%)

Chicago Tribune ^ | 7/02/15 | John Byrne and Amina Elahi

Posted on 7/5/2015, 8:02:31 AM by Libloather

Chicagoans who pay to stream movies and music from services like Netflix and Spotify will now need to fork over an additional 9 percent for the privilege, as will Chicago businesses that pay to use everything from real estate to court databases online, under a decision the city quietly made recently to expand its taxing power..

The added costs are the result of a ruling by the city Finance Department that extends the reach of ordinances governing two types of taxes — the city amusement tax and the city personal property lease transaction tax — to cover many products streamed to businesses and residents alike.

The city expects the June ruling to bring in about $12 million each year in the…

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