Utility Taxes News Today : Breaking News, Live Updates & Top Stories | Vimarsana

So more cable subscribers are making the decision to cut the cord and paying to stream video through services like netflix and hulu. well, now some local governments are trying to make up some lost revenue by adding utility tax to video streaming sites. claudia explains how it all works. >> the power to tax they squeeze out one place, they pop up somewhere else. >> cities argue they're losing money and need to get creative. cable providers lost more than three-quarters of a million subscribers in the first three months of this year. five times more than during the same period last year. a tren...

So more cable subscribers are making the decision to cut the cord and paying to stream video through services like netflix and hulu. well, now some local governments are trying to make up some lost revenue by adding utility tax to video streaming sites. claudia explains how it all works. >> the power to tax they squeeze out one place, they pop up somewhere else. >> cities argue they're losing money and need to get creative. cable providers lost more than three-quarters of a million subscribers in the first three months of this year. five times more than during the same period last year. a tren...

Shows. >> good morning. >> let's talk taxes, fine subject, you may not look that closely at your cable tv bill but there are utility taxes included in that bill. as more americans cut the cord that cuts tax revenue for local government, they are not happy with it. industry analysts tell cable and satellite companies, 3 quarters of 1 million subscribers in the first 1:45,017, 5 times more than losses in the first two months, so in lyndale, california the city debating the idea of taxing streaming video, controversial land successful idea, they say streaming videos should not be treated like wat...

Services such as netflix and hulu. claudia cowan reports. >> government officials don't produce shows for hulu, netflix, amazon and other services, but that is not stopping some of looking at ways to tax them. >> local governments and their power to tax, they pop out somewhere else. >> watchdogs are wary as cities argue they are losing money. according to an analyst firm, cable and satellite companies lost more than three quarters of a million subscribers in the first three months of this year, five times more than during the same period last year. a trend meant a drop in utility taxes. glenda...

Country are considering a tax on services such as netflix and hulu. claudia cowan reports. >> government officials don't produce shows for hulu, netflix, amazon and other services, but that is not stopping some of looking at ways to tax them. >> local governments and their power to tax, they pop out somewhere else. >> watchdogs are wary as cities argue they are losing money. according to an analyst firm, cable and satellite companies lost more than three quarters of a million subscribers in the first three months of this year, five times more than during the same period last year. a trend mean...