New York Drops Plan For Theatre Ticket Tax

“Legiters can breathe a sigh of relief now that New York state leaders have announced that $1.3 billion in proposed tax increases will be dropped from consideration — including a potential levy on live theater. The 4% state tax on legit tickets … had raised concerns in the legit industry that the additional charges would serve to further dissuade consumers from buying theater tickets, prices of which are already consistently on the rise.”