"Netflix Tax" causes stir in California cities
While cable companies figure out how to gain back revenue as people continue to cut the cord and rely solely on streaming video for their entertainment, several California cities are also considering charging consumers for their video streams.
At least a dozen cities in the Bay Area alone are weighing whether or not to adopt a streaming video tax to make up for lost revenue of those who no longer subscribe to cable, according to reports in the San Jose Mercury News and other area publications.
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