California looks to blast off ingenious new tax plan

California looks to blast off ingenious new tax plan

[Ed. – Naaahh.  We can see you people up there in Sacramento.  You’re just making stuff up now.]

Liberals are salivating at the idea of taxing cars by the distance they travel, to better rake in money for their nefarious purposes.  In California, they are taking the idea one step farther, planning to tax space rockets by the mile as well.

According to the proposal, California will collect tax from space transportation companies based on a formula factoring in how often a company launches spacecrafts out of the state, and, most importantly, how far a commercial spacecraft travels from California soil. Between May and mid-October, there were eight launches from Vandenberg Air Force Base…

The Franchise Tax Board proposal said certainty about tax treatment “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.”

Yes, taxes always foster growth and prosperity…somewhere else where taxes are lower.

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