Apparently we should tax the rich more because Jeff Bezos has gone into space on his own rocket. No, that really is the claim:
Third, it is apparent that in the light of such failings we need tax reform. We need to tax the rich because they are rich. We need to tax them so that they do not abuse the planet in the way that these people are. We need to do so to correct their undue influence on markets. We need to tax rents because they are exploitative and that needs to be curtailed. We need to tax not for revenue, but to correct the failings that the gross, vain and abusive actions of these people represent. And that is reason enough.
Gonna have to be a pretty high tax rate. Bezos’ stock is worth $185 billion. He sells some $1 billion a year – upon which he pays tax – to fund the rockets. So, what tax rate do we have to have on $185 billion to stop a $1 billion a year spend on rockets?
And how much would such a tax rate fuck up the rest of the economy?
But that’s not the worst of it here, there’s an even more absurdly stupid claim:
In my 60s I see almost no benefit to space travel. I see even less to claims by commercial organisations that our hopes lie in space, where we might escape the constraints that the planet imposes on us. The implausibility of ever moving people and products between space and earth without burning the planet we live on to the point of extinction makes such claims absurd.
Satellites aren’t worth it. All that work on temperature measurement, geoanalysis and so on. Just not worth it at all. GPS isn’t worth it. Knowing where we are has no value. Being able to plan efficient travel is of zero benefit.
Or Starlink, OneWeb (or whatever the hell the thing UK govt has just invested in is called) has no value because we really don’t want to get broadband internet to those rural rubes now, do we? They might start looking up the bus schedules and thereby come to town once a month.
This all before we even get to that necessity of getting at least some of us off the planet before that asteroid with our name on it arrives.
We’re right at the beginning of what access to space can do for us. At which point Richard Murphy decides it has no value therefore we should tax it all out of existence. This being why planned economies don’t work of course. It’s always the 60 year olds signing off on the plans and they never do grasp the value of the trivia the young folk are playing with, do they?
Bash, if Hornby OO wsa good enough for me to play with as a child then why do you need Candy Crush anyway?