Maybe another "economic opportunity" for WV?Porn Tax Considered As Solution To Budget Shortfall
Written by: Doug G. Ware
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.
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 economic 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.
CA porn tax?
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AmpedNow
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CA porn tax?
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- fearpeddler
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Re: CA porn tax?
sadly there's laws prohibiting porn production in this state
or at least I believe there are, I think i remember hearing about someone from the beckley area 4 or 5 years ago getting in trouble for makin porno for the net..
or at least I believe there are, I think i remember hearing about someone from the beckley area 4 or 5 years ago getting in trouble for makin porno for the net..
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Re: CA porn tax?
That preposterous. That would not withstand any court challenge. Which drunk legislator came up with that BS law?fearpeddler wrote:sadly there's laws prohibiting porn production in this state
- fearpeddler
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Re: CA porn tax?
prolly the same bunch that came up with the rest of the BS laws in this state if in fact such a law does exist...
Doesn't MSNBC stand for the Media that Spins the News for Barrack's Cabinet?
Political Correctness is always having to say you're sorry. - Me
Political Correctness is always having to say you're sorry. - Me