California Finds a Crazy Way to Tax Space Travel


California is not exactly known for its sanity when it comes to lawmakers and their Bedlamite ideology attached to the strait-jacketed legislators.  The leaders of the state’s politics (on the Left, that is) are people in the mold of such impressive luminaries as Nancy Pelosi, Barbara Boxer, Dianne Feinstein, Maxine Waters, and the king of taxes, stick-a-daisy-in-my-wine-bottle-Governor Jerry Brown.

The prestigious governor and his army of taxpayer-funded bean counters have decided that they’re broke.  Okay, so that’s not news.  They’ve also determined that one of the biggest reasons for their impoverished status is the state’s “Beyond-Comprehension Pension System,” which as completely bilked millions of taxpayers of billions of dollars over the decades and continues to languish in the old ways of accountability (in other words, none).  This of course is not news either.

What is news, however, is the way they’re going to fix it!  Hooray!

Well, okay, not fix it.  They’re going to put a massive Obamacare-styled bandage on it and call it a day.  What is this amazing fix?  I’ll give you a hint:  the “fix” is also a three-letter word that ends in “X”!

No, they’re not all abandoning the state by leaving on planes out of LAX.  They’re instituting a brand spankin’ new tax on air!

To be more precise, the tax will be on airspace, as in space that is in the cosmos.  Observe the brilliance.

California wants to collect taxes from space transportation companies based upon, get this, a formula of how frequently a company launches spacecrafts out of the state, and most absurdly, how far a commercial spacecraft travels from California soil.

They want to tax space travel per mile and claim 62 miles above California belongs to the State. Sooner or later, they will want a tax from all satellites that just pass by their state once a day.

The California Politicians are a special breed. They must have brain damage or they are just so corrupt it is no longer funny.

They have claimed that taxing space travel from California “will lead to increased activity in the industry and will foster an atmosphere of growth and prosperity once present during the golden age of California’s aviation industry, thereby creating jobs as the industry thrives in this state.”

Any company should look for prosperity in Texas or Florida and forget California.

The state is beyond help at this stage.

I have to admit, this is my favorite tax to come out of Crazy Land, USA, so far.  What’s next?  A tax on how many children you can have?  “Somebody, quick, call Taxin’ Brown!”

Source:  ZeroHedge



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