. | . |
Bezos' Blue Origin hires lobbyist after 'Space Tax' proposed by Staff Writers Moscow (Sputnik) Nov 19, 2021
This year, the company spent over $1.3 million on lobbying, in addition to $2 million in 2020. Jeff Bezos' Blue Origin hired Mac Campbell from Capitol Counsel - a lobbyist who had relations with the Obama administration, CBS reported. Campbell was an assistant US trade representative while working under Obama and then served as the general counsel and deputy staff director of the Senate Finance Committee. According to a registration form, he was hired "to lobby on behalf of the company to "monitor and evaluate proposed changes to the Internal Revenue Code being considered by Congress as part of the budget reconciliation process". The company decided it needs the lobbyist's services after US representative Earl Blumenauer, proposed a tax on space exploration firms. The Democratic lawmaker made his statement on 20 July - the day when Bezos himself went to space in Blue Origin's first crewed flight. "Space exploration isn't a tax-free holiday for the wealthy. Just as normal Americans pay taxes when they buy airline tickets, billionaires who fly into space to produce nothing of scientific value should do the same, and then some", he said in a statement at the time. "I'm not opposed to this type of space innovation. However, things that are done purely for tourism or entertainment, and that don't have a scientific purpose, should, in turn, support the public good". The possible tax on space exploration is not the only problem some American corporations face now, as back in October Democratic lawmakers also unveiled a new plan to impose a 15% minimum corporate tax on the declared income of large corporations. Source: RIA Novosti
SpaceFund Invests in Rhea Space Activity Washington DC (SPX) Nov 04, 2021 SpaceFund Inc has invested in the rapidly growing astrophysics start-up company Rhea Space Activity (RSA). SpaceFund's capital injection into RSA will energize the company's ongoing development of scientific and engineering infrastructure needed to create a holistic, world-leading Lunar Intelligence (LUNINT) capability as soon as 2024. This capability will yield a vital product for the commercial space sector: the introduction of an autonomous navigation capability that will help the NewSpace ecos ... read more
|
|
The content herein, unless otherwise known to be public domain, are Copyright 1995-2024 - Space Media Network. All websites are published in Australia and are solely subject to Australian law and governed by Fair Use principals for news reporting and research purposes. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA news reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. All articles labeled "by Staff Writers" include reports supplied to Space Media Network by industry news wires, PR agencies, corporate press officers and the like. Such articles are individually curated and edited by Space Media Network staff on the basis of the report's information value to our industry and professional readership. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. General Data Protection Regulation (GDPR) Statement Our advertisers use various cookies and the like to deliver the best ad banner available at one time. All network advertising suppliers have GDPR policies (Legitimate Interest) that conform with EU regulations for data collection. By using our websites you consent to cookie based advertising. If you do not agree with this then you must stop using the websites from May 25, 2018. Privacy Statement. Additional information can be found here at About Us. |