City Governments
Apr 14, 2022 15:08:26 GMT -6
Post by mwynn on Apr 14, 2022 15:08:26 GMT -6
Let me show you how greed works, and how it unfairly removes competition from the market.
Local governments make deals with cable providers. This is why you can only get specific carries like Comcast or Verizon. This is illegal in a free market, but the government makes the rules so...
It is always a plus when these things back fire on them.
www.hollywoodreporter.com/business/business-news/netflix-hulu-beat-california-city-that-aimed-to-tax-streaming-platforms-1235130559/#recipient_hashed=52991d7e2ca940c88f140fd9b7f85435dde81ca700d8a925604c9ce9541f3e30
Netflix and Hulu have notched another win in an escalating push by local governments to have streamers pay taxes for using public infrastructure, this time in California.
In a ruling likely ending the case, a Los Angeles judge on Wednesday found that the city of Lancaster doesnβt have the right to sue Netflix and Hulu to assess fees on them. Even if they could, the judge held that the steamers donβt use any public wires, cables or facilities anyway.
Lancaster is one of numerous cities and towns across the country suing Netflix and Hulu for taxes. These municipalities argue that streaming services must pay fees, typically five percent of gross income derived from providing local video programming, that were once traditionally reserved for cable companies needing to use public rights-of-way to lay their lines.
Local governments make deals with cable providers. This is why you can only get specific carries like Comcast or Verizon. This is illegal in a free market, but the government makes the rules so...
It is always a plus when these things back fire on them.
www.hollywoodreporter.com/business/business-news/netflix-hulu-beat-california-city-that-aimed-to-tax-streaming-platforms-1235130559/#recipient_hashed=52991d7e2ca940c88f140fd9b7f85435dde81ca700d8a925604c9ce9541f3e30
Netflix and Hulu have notched another win in an escalating push by local governments to have streamers pay taxes for using public infrastructure, this time in California.
In a ruling likely ending the case, a Los Angeles judge on Wednesday found that the city of Lancaster doesnβt have the right to sue Netflix and Hulu to assess fees on them. Even if they could, the judge held that the steamers donβt use any public wires, cables or facilities anyway.
Lancaster is one of numerous cities and towns across the country suing Netflix and Hulu for taxes. These municipalities argue that streaming services must pay fees, typically five percent of gross income derived from providing local video programming, that were once traditionally reserved for cable companies needing to use public rights-of-way to lay their lines.