Thursday, February 18, 2010

Radio Performance Tax

Congress has proposed a new tax. This tax would tax radio stations for every song they play on the air. If you are not sure how is it possible for radio stations to play music over the air for free to all its listeners let me explain. Radio stations, just like commercial television, sell time to businesses and companies to run commercials. The money they receive by selling airtime they then use to pay the people who work for the station.

What would happen to radio stations if they had to pay a tax for every song they played?

Here are a few links (via google search) to give you an idea about this tax. How do you feel about it? What can you do about it?