Update on the Three Penny Cinema closing
An exasperated City Hall has shut down the Three Penny Cinema on the North Side because of unpaid amusement taxes.
The Three Penny, which has been a movie house since the late 1930s, is one of the few independent cinemas left in the city. Owner Jim Burrows said he’ll have to sell the business unless the city relents and accepts a settlement offer on the overdue taxes.
“But they don’t care. They’ve told me that. They said that if they make an exception for me, then nobody will want to pay this tax,” Burrows said. He estimated owing the city $60,000 for the last five years, or $100,000 counting interest and penalties.