The Smithsonian writes:
The film explains that way back in 1978 a space colony community was formed using $50 billion of private funds. Back then, government regulations were just loose enough to allow them to form. But here in the year 2003, government regulators are trying to figure out a way to bring them back under their oppressive thumb through taxes and tariffs on the goods they ship back to Earth.The whole film is available here but, alas, cannot be embedded. I'm pretty sure that the actor playing Dr. Chen, the head of Lasergy, is the same James Hong who later starred in The Chinese Restaurant episode of Seinfeld.
My favourite of this sort remains The Moon is a Harsh Mistress. It would make a great film; why hasn't someone tried it yet?