[zeugma]

I think this memo is a bad idea. While it may be true that 95 years (or 70 years plus the life of the author) is too long, his system of only 12 years for free, plus then a tax on any time after that is unworkable. The tax goes up to 10% of all REVENUE, not profits - and given studios often have less than a 10% overall profit margin, is becomes simply crazy.

There is no reason for a new tax regime. That's just a typical big-government solution to a problem created by the government itself.

The entire issue of copyright can be fixed simply by returning to what the law was when this country was founded. Authors would have copyright on registered works for 14 years, with the opportunity to renew copyright one time. 28 years of copyright is plenty for any work. It's rediculous that the entire Beatles catalog is still under copyright

[1010RD]

Exactly. Congress has rolled over for their big donors and ruined copyright law. It was fine originally and just going back is the simplest fairest way.