by Wendy Davis on Jul 1, 3:27 PM
Chicago residents who stream video through paid services like Netflix are getting hit with a 9% price hike, thanks to the city's new "amusement tax." That tax, also called the "cloud tax," applies when people stream TV, movies, music and or online games within Chicago. Residents who download the same material won't be hit with the tax, according to the law firm Reed Smith.