Vermont Weighs Streaming Tax as Cord Cutting Eats into Public TV Funds -- Is Your State Next?

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Vermont Weighs Streaming Tax as Cord Cutting Eats into Public TV Funds -- Is Your State Next?

Post by Admin » Sun Mar 31, 2024 4:48 am

Streamers like Netflix oppose the move, saying the tax could force them to raise prices.

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As the 2024 tax filing deadline in the United States nears, most individuals are worried about how to maximize their returns. But streamers like Netflix, Disney+, Max and Prime Video could find they owe a little more next year, as a report from VTDigger indicates lawmakers in Vermont are considering passing a tax on streaming services to help fund public access television channels which have seen their revenues declining thanks to the rise in cord-cutting in recent years.


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