Democrats Announce Windfall Profit Tax Bill

Democrats Announce Windfall Profit Tax Bill

Washington D.C. (PRSN) - At a last-minute press conference on the steps of the Capitol building, House Speaker Nancy Pelosi announced a new bill being introduced today by House Democrats.

“It was recently announced that the latest Batman movie, ‘The Dark Knight’, has earned $400 million since its release on July 18,” said Pelosi, looking stunning in a white Chanel blouse and Christian Dior blazer. “This type of windfall profit at the expense of the American taxpayer is avarice, pure and simple.”

“‘The Dark Knight’ only cost $180 million to make and has produced revenues in excess of $400 million,” explained bill co-sponsor Jim McDermott (D-WA). “That implies a profit margin of 122%, which is totally unacceptable.”

Presumptive Democratic presidential nominee, Barack Obama, has verbally endorsed the bill.

“If elected President, I will pursue legislation to tax the windfall profits of the greedy Hollywood movie industry and return the money to the people who need it the most – the American worker,” he announced while campaigning today in Elkhart, Indiana. “$400 million in 20 days? That works out to, um, well, like, $20 million per day. For a movie!”

If passed, the bill would allow the federal government to liberate up to $200 million in windfall "Dark Knight" profits which would be returned to working-class voters as a tax rebate.

According to statistics compiled by the National Association of Theater Owners, average U.S. movie ticket prices have increased from $5.39 in 2000 to $6.88 in 2007.

“Under the so-called leadership of the Bush administration and a Republican Congress, we have seen movie ticket prices increase 27.6 percent,” added Obama, his sonorous voice ringing from the auditorium rafters during a town-hall meeting in Elkhart. “This type of crony capitalism cannot continue. We are the people we’ve been waiting for. We must change the established culture of Washington. The time for change is now.”

--------------------------------------------------
(PRSN = Phantom Republican Satire Network)