Italy taps porn industry to help curb deficit - GoFuckYourself.com

lakroze · 12-13-2005, 04:02 PM

Hot new from the last hours, Reuters

Rome seeks raise $357.5 million from adult industry by next year

ROME - Italy's cash-strapped government has decided to hike taxes on one of the country's few vibrant industries, pornography, to help rein in the burgeoning budget deficit, government sources told Reuters on Tuesday.

The "porno-tax", which imposes an additional levy of 25 percent on all income from pornography, is contained in a package of amendments to the 2006 budget to presented in the Chamber of Deputies on Tuesday or Wednesday, the sources said.

Under the amendment, subscribers to hard core television channels must also pay additional value-added tax of 10 percent. Altogether, the tougher tax-treatment of porn should bring the government some 300 million euros ($357.5 million) next year.

pornguy · 12-13-2005, 04:06 PM

Now the US will use the same idea to help support The war that Bush started. FUCK!

SilentKnight · 12-13-2005, 04:07 PM

Quote:

Originally Posted by lakroze

Hot new from the last hours, Reuters

Rome seeks raise $357.5 million from adult industry by next year

ROME - Italy's cash-strapped government has decided to hike taxes on one of the country's few vibrant industries, pornography, to help rein in the burgeoning budget deficit, government sources told Reuters on Tuesday.

The "porno-tax", which imposes an additional levy of 25 percent on all income from pornography, is contained in a package of amendments to the 2006 budget to presented in the Chamber of Deputies on Tuesday or Wednesday, the sources said.

Under the amendment, subscribers to hard core television channels must also pay additional value-added tax of 10 percent. Altogether, the tougher tax-treatment of porn should bring the government some 300 million euros ($357.5 million) next year.

25% - that's just fucked up. Legalized robbery.

Gotta wonder how many italian porn companies are gonna fold.

SilentKnight · 12-13-2005, 04:10 PM

Quote:

Originally Posted by pornguy

Now the US will use the same idea to help support The war that Bush started. FUCK!

Actually, didn't the U.S. gov't try and introduce some similiar porn tax recently to fund their battle against kid porn (or so they claimed).

reynold · 12-13-2005, 06:36 PM

Porn saving the countries' national budget sounds great!

jimb · 12-13-2005, 07:00 PM

Quote:

Originally Posted by pornguy

Now the US will use the same idea to help support The war that Bush started. FUCK!

shit your right dude!

Jim

woj · 12-13-2005, 07:05 PM

This is just a proposal though, right?

Marshal · 12-13-2005, 08:19 PM

Quote:

Originally Posted by reynold

Porn saving the countries' national budget sounds great!

this is really interesting obeservation!

12-13-2005, 04:02 PM	#1
lakroze Confirmed User Join Date: Dec 2004 Location: 164924664 Posts: 3,527	Italy taps porn industry to help curb deficit Hot new from the last hours, Reuters Rome seeks raise $357.5 million from adult industry by next year ROME - Italy's cash-strapped government has decided to hike taxes on one of the country's few vibrant industries, pornography, to help rein in the burgeoning budget deficit, government sources told Reuters on Tuesday. The "porno-tax", which imposes an additional levy of 25 percent on all income from pornography, is contained in a package of amendments to the 2006 budget to presented in the Chamber of Deputies on Tuesday or Wednesday, the sources said. Under the amendment, subscribers to hard core television channels must also pay additional value-added tax of 10 percent. Altogether, the tougher tax-treatment of porn should bring the government some 300 million euros ($357.5 million) next year.

12-13-2005, 04:06 PM	#2
pornguy Too lazy to set a custom title Industry Role: Join Date: Mar 2003 Location: Homeless Posts: 62,911	Now the US will use the same idea to help support The war that Bush started. FUCK! __________________ PornGuy skype me pornguy_epic AmateurDough The Hottes Shemales online! TChicks.com \| Angeles Cid \| Mariana Cordoba \| MAILERS WELCOME!

12-13-2005, 07:05 PM	#7
woj <&(©¿©)&> Industry Role: Join Date: Jul 2002 Location: Chicago Posts: 47,882	This is just a proposal though, right? __________________ Custom Software Development, email: woj#at#wojfun#.#com to discuss details or skype: wojl2000 or gchat: wojfun or telegram: wojl2000 Affiliate program tools: Hosted Galleries Manager Banner Manager Video Manager Wordpress Affiliate Plugin Pic/Movie of the Day Fansign Generator Zip Manager

12-13-2005, 06:36 PM	#5
reynold Too lazy to set a custom title Join Date: Oct 2002 Location: Global Traveler Posts: 51,271	Porn saving the countries' national budget sounds great!