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“The budget proposal is functional first step to begin internalizing the externalities wrought from private space flight—the short-term costs are unquestionably most evident in air traffic control. Using the internalization of that cost as a wedge to pursue broader policy initiatives that ensure the ongoing low-Earth congestion caused by increased satellite deployment is calculated and compensated for is a long-term solution.”

#space #spacex #tax @law

https://www.forbes.com/sites/andrewleahey/2024/04/22/do-we-need-a-property-tax-for-space


"the legislation would improve the living standards of 16 million low-income #kids and lift 400,000 #children out of poverty in its first year. It would increase incentives for research and development. And the icing on the cake: The whole thing would be paid for by curbing a pandemic-era #tax break that has produced an avalanche of fraudulent claims...

It also offers #Republicans a chance to prove their pro-family bona fides after #Dobbs."
https://www.washingtonpost.com/opinions/2024/04/11/child-tax-credit-republicans-senate/

#GOP #Politics #USA #News


"The modern #GOP is supposed to be pro-family, pro-tax-cuts and anti-“waste, fraud and abuse.” So why are #Republican #senators trying to tank a bill that is all three?

In January, lawmakers hammered out a kids-and-companies #tax deal: #Congress would extend a few business tax breaks that had recently expired in exchange for expanding the #ChildTaxCredit. The bipartisan compromise turned out to be a very good bill"
https://www.washingtonpost.com/opinions/2024/04/11/child-tax-credit-republicans-senate/

#US #Politics #Taxes #Family #USPolitics #USA #News


"Today, #Republican senators are trying to kill the legislation...

Some worry about handing President #Biden a win so close to the #election (I’d argue the 400,000 kids lifted out of poverty would be the real winners, but to each their own.)

Sen. Chuck Grassley (R-Iowa) said this explicitly in January: “Passing a #tax bill that makes the president look good... means he could be reelected.”
https://www.washingtonpost.com/opinions/2024/04/11/child-tax-credit-republicans-senate/

#GOP #Corruption #Politics #Family #Children #USA #News


Sigh. Charlene ‘De Carvalho-Heineken - the richest person in the Netherlands - has hardly paid any tax for years. Every year, she receives hundreds of millions of euros in profit distributions from her shares in Heineken and funnels that money via Luxembourg to the tax haven of Jersey, NRC revealed.’ https://nltimes.nl/2024/04/05/tax-authority-investigating-many-others-use-heineken-construction-tax-avoidance #economics #law #tax #netherlands