California mulls steep tax on sexually oriented businesses
A California bill proposing a 25 percent tax on revenues from adult entertainment would do little to ease the state’s budget shortfall and would cost the state money by encouraging its pornography industry to move, opponents said on Monday as lawmakers reviewed the bill . . .
Assemblyman Charles Calderon had proposed his bill to help raise revenues for the cash-strapped state. Gov. Arnold Schwarzenegger has forecast a $20 billion budget shortfall.
