California considering tax breaks for private space companies

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http://www.reuters.com/article/2014/01/30/us-usa-california-space-idUSBREA0T00Y20140130?feedType=RSS&feedName=scienceNews

In response to Los Angeles County’s  attempt to tax Hawthorne, Calif.-based space firm SpaceX, a bill is now working its way through the state Legislature that would exempt  private space companies from paying property taxes on space stations or rockets. The bill passed the Assembly 64-5 and is now on its way to the Senate.

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jadefa

…yes, because there’s SO many people building space rockets and nobody growing normal businesses and hiring people. California is so focused on our present reality….yep.

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