Estimated read time: Less than a minute
This archived news story is available only for your personal, non-commercial use. Information in the story may be outdated or superseded by additional information. Reading or replaying the story in its archived form does not constitute a republication of the story.
(Salt Lake City-AP) -- Cable and satellite T-V is about to get more expensive in Utah.
That's because of new tax legislation signed by Governor Mike Leavitt.
The tax law is expected to raise at least 14 (M) million dollars in state revenue, by imposing a sales tax on cable and satellite television services.
The State Tax Commission has estimated the new tax will raise $20 million or more in state collections. Additionally, local governments will get a large piece of the action because of local-option sales taxes that piggyback on the state portion.
An average cable or satellite T-V customer with a 40 dollar monthly service charge would see a two dollar and 64-cent increase in Salt Lake County, according to Salt Lake Tribune calculations. In Moab, which has the state's highest sales tax, the average cable or satellite bill could be bumped three dollars and ten cents a month -- that's more than 37 dollars a year.
(Copyright 2003 by The Associated Press. All Rights Reserved.)
