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New Jersey Taxing Downloaded Music and Video

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Thanks to its $4.5 billion budget deficit, New Jersey’s just instituted a 7% tax for online purchases and downloads of music and videos. For you, that means iTunes, Napster, and other stores are going to be a bit more expensive.

No idea how they’re enforcing this, but maybe changing your State in your iTunes account can get around it?

NJ to start charging iTunes tax this Sunday (October 1st) [Macenstein]

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