Finance & Revenue
What’s happening? Fort Scott, KS and its 8000 population have seen a decline in cable taxes so to make up for it, they want to implement a franchise fee for internet services like Netflix.
Why is this important? Local governments in Missouri, Texas and Ohio are also pursuing a tax on streaming services.
How will this be important? If trends that show cable subscribers era decreasing that loss of revenue to local governments will have to be offset somehow.
Topeka Capital Journal via Governing | Why Is a Small Town in Kansas Suing Netflix and Hulu?
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