EAST DUNDEE, IL - You can cut the cord, but not the taxes.
The village board approved a 5% tax on those services. Chicago and Evanston, both have similar taxes.
East Dundee officials said the concept is simple: taxes need to catch up with technology.
"Currently if you have cable, you pay a tax on that. But if you're savvy enough to cut the cord and use some other provider, you're not paying a tax on that. So in one sense, this is a modern version of the original telecommunications tax," said Village Administrator Erika Storlie.
The 5% tax per streaming service will take effect starting in July. It's expected to bring an extra $25,000 into East Dundee.