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Space Tax

Although the government has been slow to change given all of the technological advancement over the years, at least California is getting ahead of the curve by setting up the taxes for future space launches. Good to see California has its priorities right.

“We have seen the future, and it is more taxes. The state prides itself on the presence of innovative companies, especially in Silicon Valley, but if it wants a brighter economic future, it should learn to take a more hands-off approach, whether it is the treatment of exciting new ventures whisking goods and people into space or the more terrestrial and mundane pursuits of other businesses that provide economic opportunities for workers and needed goods and services for consumers in California and across the globe.”

http://www.eastbaytimes.com/2017/05/20/editorial-californias-latest-tax-idea-is-out-of-this-world-literally/ 

 

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