Quote:
Originally Posted by innerSpaceman
So tax it at 100% for all I care. And if it drives the business out of California, I won't be shedding a tear ... or a drop of, um, well, nevermind.
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If I recall correctly, porn is a $5 BILLION dollar industry and 60-80%* of it is produced in California (mostly in the San Fernando Valley). That would mean eliminating a HUGE chunk of California's economy.
I didn't watch the video, but I will guess that the 25% rate would be on the SALE of porn. If so, it wouldn't have any impact on where the porn is produced, so it wouldn't negatively impact our economy.
*All figures are from memory - I may be wrong. It does happen occasionally.