Congress Repeals Movie Tax
Congress Repeals Movie Tax
Same as catalog # 514890 Congressman Noah Mason, sponsor of a bill to repeal the 20% tax on movie admissions, comments on the passage of his bill, which now awaits presidential action. Establishing shot - Washington, DC the White House. MCUS - Noah Mason walking down the steps of the White House. CUS - Noah Mason sitting at his desk explaining what the repeal of the tax will mean. This bill in the next 12-months will save 5-thousand theaters in the small towns and cities of our nation from closing their doors due to high cost in taxes. The removal of this tax will not threaten treasury revenues. My studies have indicated that the treasury in all probably gain revenue rather than loose it by keeping the theaters open. I applaud the house and senate leadership for their foresight in leading the way for the relief of business. I am confident this is the first step in restoring a sound American economy under this administration."