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Porn Excise Tax Bill to Be Unveiled Wednesday

Porn Excise Tax Bill to Be Unveiled Wednesday
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Jul 26, 2005 3:03 PM PDT    Text size: 
WASHINGTON — The online adult industry faces another regulatory assault tomorrow when Sen. Blanche Lincoln rolls out a proposed federal legislation that would impose a 25 percent excise tax for all adult transactions.

The Democratic-led bill also would establish a child protection trust fund financed by the excise tax and place new requirements for age verification on websites and billing companies.

A press conference is scheduled for 11 a.m. (EST) Wednesday to introduce the proposed Internet Safety and Child Protection Act, which coincides with the release of a new report on the online adult business by Third Way, a think tank and advocacy group.

Lincoln, in a release obtained by XBiz, said her legislation would help relieve the anxieties experienced by families due to the lack of controls they have over what their children view online.

She also said that it is time the costs of protecting children online shift from the American taxpayer to the actual purveyors of online porn.

Lincoln plans to make the Wednesday announcement with supporting Sens. Tom Carper, D-Del.; Mark Pryor, D-Ark; Mary Landrieu, D-La.; Joe Lieberman, D-Conn.; Debbie Stabenow, D-Mich.; and Ken Salazar, D-Colo.; as well as Rep. Jim Matheson, D-Utah and Rep. Robert Menendez, D-N.J.

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