Download tax defeated

Most all of Silicon Valley was against this one, which potentially could have placed a sales tax on downloaded music, books, ring tones, games and movies that are sold to California residents. A state Assembly committee rejected the legislation by just one vote. The bill would have only authorized the Board of Equalization to study the impact of such a tax, but techies were taking no chances. About 130 companies and organizations opposed to the measure - among them Yahoo and Microsoft. Only six groups were listed as being in support. Assemblyman Charles Calderon, D-City of Industry, who introduced the measure, will be granted a "reconsideration" vote possibly as early as next week, but don’t hold your breath.(Mercury News)


More by Mark Lacter:
American-US Air settlement with DOJ includes small tweak at LAX
Socal housing market going nowhere fast
Amazon keeps pushing for faster L.A. delivery
Another rugged quarter for Tribune Co. papers
How does Stanford compete with the big boys?
Those awful infographics that promise to explain and only distort
Best to low-ball today's employment report
Further fallout from airport shootings
Crazy opening for Twitter*
Should Twitter be valued at $18 billion?
Recent stories:
Letter from Down Under: Welcome to the Homogenocene
One last Florida photo
Signs of Saturday: No refund
'I Am Woman,' hear them roar
Bobcat crossing

New at LA Observed
On the Media Page
Go to Media

On the Politics Page
Go to Politics
Arts and culture

Sign up for daily email from LA Observed

Enter your email address:

Delivered by FeedBurner


Advertisement
Mark Lacter
Mark Lacter created the LA Biz Observed blog in 2006. He posted until the day before his death on Nov. 13, 2013.
 
Mark Lacter, business writer and editor was 59
The multi-talented Mark Lacter
LA Observed on Twitter and Facebook