Illinoisans pay some of the highest taxes in the nation. But some lawmakers are looking for new ways to add to that burden.
A new proposal in the General Assembly – House Bill 3359 – would impose a new tax on both subscribers and providers of satellite TV and streaming services such as Netflix and Spotify. Companies would pay a 5 percent tax on their gross revenues, while customers would pay a 1 percent tax “for the privilege to witness, view, or otherwise enjoy the entertainment.”
But consumers could bear the brunt of both new taxes, as companies pass along the tax costs by charging higher prices.
Given the dubious legality of Chicago’s citywide “Netflix tax,” state lawmakers would be wise to reconsider a proposal to expand the tax statewide.
Sign the petition today to tell your lawmaker to oppose a statewide tax on satellite and video streaming services.