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Pron Tax Considered As Solution To Caliphornia Budget Shortfall
California state lawmakers are considering an unusual idea to solve the state's huge budget shortfall: Tax prono-graphy.They're still thinking through the ram-ifications of a hostile public reaction. Like not getting voted in again. The idea was proposed by a state assemblyman, and would impose a 25 percent tax on the production and sales of prono-graphic videos -- the vast majority of which are made in southern California. I wonder how long it's going to be before something unnerving shows up in a certain state assemblyman's mailbox in a discreet manilla envelope. It is unknown, however, how seriously lawmakers will take the idea or how the pron business would deal with the new tax. It is likely, though, that pron-makers would simply pass the cost along to consumers by making prono-graphic materials more expensive. Or maybe something unnerving might show up in an unexpected variety of state assemblypersons' mailboxes. However, many economists believe that prono-graphy is an industry with inelastic demand -- meaning market conditions typically don't affect consumers' desire for the product. In other words, A potential downside to the tax proposal is that pron producers could leave California to manufacture and distribute videos in other states that don't impose the tax. Downside? If you live in CA, maybe. Posted by: gorb 2008-05-23 |
| http://www.rantburg.com/poparticle.php?ID=239800 |