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Friday, November 23, 2012

Let's Tax Matt Damon

In the name of shared sacrifice, it’s time to impose a tax on the $7 billion in box office receipts that Hollywood generates.

I added up the domestic box office activity for the week August 26 through September 1st based on figures provided by Variety. The take for the week for Rise of the Planet of the Apes, Our Idiot Brother, Spy Kids: All The Time In The World, plus 130 other box office leaders was $136 million. Year-to-date those films have grossed over $4 billion.

$7 billion in annual receipts can hire quite a few teachers. 145,228 teachers actually.

$136 million each week would pay the unemployment benefits for 461, 017 people at the average benefit of $295 per week.

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