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Politics : GOPwinger Lies/Distortions/Omissions/Perversions of Truth

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To: American Spirit who wrote (124558)5/23/2008 5:08:58 PM
From: JeffA  Read Replies (2) of 173976
 
Hey 'tard. I bet you are ticked off about this!

Porn Tax Considered As Solution To Budget Shortfall
Written by: Doug G. Ware
Email: dware@kutv2.com
Last Update: 12:26 pm

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Porn actress Tawny Roberts has makeup applied before shooting a film at Vivid Video Studios in the Sun Valley section of Los Angeles. (AP photo) LOS ANGELES - California state lawmakers are considering an unusual idea to solve the state's huge budget shortfall: Tax pornography.

The idea was proposed by a state assemblyman, and would impose a 25 percent tax on the production and sales of pornographic videos -- the vast majority of which are made in southern California.

It is unknown, however, how seriously lawmakers will take the idea or how the porn business would deal with the new tax. It is likely, though, that porm-makers would simply pass the cost along to consumers by making pornographic materials more expensive.
A photographer shoots film of a porn actress. (File)
However, many economists believe that pornography is an industry with inelastic demand -- meaning market conditions typically don't affect consumers' desire for the product. In other words, it is believed that most porn consumers would continue to buy regardless of how much it cost.

A potential downside to the tax proposal is that porn producers could leave California to manufacture and distribute videos in other states that don't impose the tax.

Copyright 2008 Four Points. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
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