...the who's who,
and the what's what 
of the space industry

Space Careers

news Space News

Search News Archive

Title

Article text

Keyword

  • Home
  • News
  • Bezos' Blue Origin hires lobbyist after 'Space Tax' proposed

Bezos' Blue Origin hires lobbyist after 'Space Tax' proposed

Written by  Friday, 19 November 2021 08:02
Write a comment
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

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


Related Links
Blue Origin
The latest information about the Commercial Satellite Industry

Tweet

Thanks for being there;
We need your help. The SpaceDaily news network continues to grow but revenues have never been harder to maintain.

With the rise of Ad Blockers, and Facebook - our traditional revenue sources via quality network advertising continues to decline. And unlike so many other news sites, we don't have a paywall - with those annoying usernames and passwords.

Our news coverage takes time and effort to publish 365 days a year.

If you find our news sites informative and useful then please consider becoming a regular supporter or for now make a one off contribution.

SpaceDaily Monthly Supporter
$5+ Billed Monthly

SpaceDaily Contributor
$5 Billed Once

credit card or paypal



SPACEMART
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


Read more from original source...

You must login to post a comment.
Loading comment... The comment will be refreshed after 00:00.

Be the first to comment.

Interested in Space?

Hit the buttons below to follow us...