Posted on 07/20/2021 6:28:33 PM PDT by PROCON
Oregon Democrat Rep. Earl Blumenauer said 'space travel isn’t a tax-free holiday for the wealthy'
As Amazon CEO Jeff Bezos launched into space on Tuesday aboard a Blue Origin rocket, and back on Earth, a Democratic lawmaker announced a measure to tax commercial spaceflight.
Oregon Democrat Rep. Earl Blumenauer, who is a member of the House Ways and Means Committee, on Tuesday introduced what he is calling the Securing Protections Against Carbon Emissions (SPACE) Tax Act, which would create excise taxes on commercial space flights carrying human passengers for purposes other than scientific research.
"Space travel isn’t a tax free holiday for the wealthy," Blumenauer wrote on Twitter. "We pay taxes on plane tickets. Billionaires flying into space—producing no scientific value—should do the same, and then some."
(Excerpt) Read more at foxbusiness.com ...
No, this is apparently not the Bee.
DANG!
Think they will want to issue space flight passports ?
So I bet all the Bezos haters here will be on board with this new tax. 🤣🤣🤣
“I see you have some money there. Give it to me.”
+1
Someone ends up getting taxed somewhere.
I make money when Jeff Bezos makes money so I can see how a tax might impact me. Bezos is a Trump hater and that turns me off.
But I think a lot about Canada with its national sales tax, national income tax, user fees at national parks and so on and then its low corporate tax rate of 15 percent.
A few years ago Justin Trudeau forced out the Justice Minister because she wouldn’t agree to a non-prosecution agreement with a big construction company.
Low corporate taxes or business taxes is a sign that the politicians are bought by the big corporations to keep their taxes low.
The next frontier for human freedom, space?
Maybe Don and other big bucks ought to look at a some kind big time space station.
It’s a good sci-fi dream.
I have no love for Bezos but am I am not for this or any other confiscation.
Get a grip dude. You cannot tax a business. You can only tax people.
Businesses will simply pass those taxes on to their customers. Otherwise, they will go out of business.
What - the people who can afford a trip into ‘space’ need to be taxed MORE?
Democrats seem very into the concept of killing the Golden Goose.
Regardless why do we see a low corporate tax rate in Canada and all kinds of advocacy as I have seen in this forum and other places for such a tax in the USA?
The tradeoff for the low corporate tax in Canada is a national sales tax. And sales taxes are regressive paid for by the little people more than the big ones.
This story is about a Democrat politician grandstanding on taxation with “climate change” on his mind. I get that much.
But business taxes versus sales taxes seems to me to be the dilemma.
The biggest shareholders in businesses get the biggest breaks from a corporate tax that is low.
I’m only a little investor in Amazon.
There’s nothing a democrat won’t try to tax.
Now if Republicans were smart, they would put a massive tax on everyone who proposes taxing something or increasing taxes on existing taxes. Payable immediately upon utterance or go directly to jail until the tax is paid.
My anti-tax stance has nothing to do with individuals.
Dont put up strawman arguments.
Are there any more billionaires with space ships waiting in the wings to be taxed?
-PJ
“Securing Protections Against Carbon Emissions (SPACE) Tax Act”
What an ignorant politician. Blue Origin rocket fuel is a mix of hydrogen and Oxygen which produces water vapor exhaust.
Its not going to be successful. In real life there is just too much breakdown of things and there are omly so much spare parts and redundancy that can be built into such a thing. And then how quickly things are obsolete and outdated. It just isnt going to happen.
I watch too much sci-fi I know.
Might have to try for a parallel dimension.
All unworkable in reality.
This is perfectly logical and meets the most basic Democrat Rationale for applying a tax.
Do rockets move?
I think so.
Then they need to be taxed..
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