With the wave of new technology that has entered society in the last few years and the craze for MP3 players has come the huge drop in profit for the music industry. The debate about taxing iPods has arisen due to this drop. The problem is that now that people are ripping tracks off CDs, sharing them, getting them off illegal sites like limewire, artists and rights-holders lose their money because not nearly as many CDs are sold anymore. So how does one combat this? By placing a tax on iPods and other MP3 technology. This way, producers and consumers get what they want.
But what will the effect of this be on the consumer?
Well, obviously this means that it will cost a little more than we are now used to to get our music, and there are those who would try to get round paying this. However, most will and those who hold the rights to the the music will get their due. This would still probably wind up being cheaper and easier than previously when one had to go to the shops and doesn't take away from the general convenience of the whole thing.
