New York Gov. Paterson Abandons "iPod Tax" Plan

Authored by Mark Hefflinger on March 13, 2009 - 9:48am.
New York - New York Gov. David Paterson has abandoned a $1.3 billion "nuisance tax" plan -- which included a tax on the sale of digital media downloads -- saying that a large infusion of federal stimulus funds has made the plan unnecessary, the New York Daily News reported.

Along with the so-called "iPod tax," the plan included hikes on the price of sugary soft drinks, movies, massages and manicures.

"The reason that we would like to put money back in the hands of New Yorkers is so that they'll spend it," Paterson told reporters. "Not on taxes, but on ways to grow the economy."

 

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(NY Daily News)

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