It’s time for Hollywood to pay its fair share [Reader Post]

Glenn Reynolds had an article in the Washington Examiner suggesting tax increases aimed directly at democrats in general and Hollywood in particular.

The first such proposal would be to restore the 20 percent excise tax on motion picture theater gross revenues that existed between the end of World War II and its repeal in the mid-1950s. The campaign to end the excise tax had studio executives and movie stars talking like Art Laffer, as they noted that high taxes reduced business income, hurt investment and cost jobs.