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Commercialization

Creating a True Space Economy

By Keith Cowing
NASA Watch
November 17, 2010
Filed under ,

Seeding the Future, Calling Private Money, Dennis Wingo
“When Zero G Zero Tax was last seriously looked at by the joint taxation committee in 1999-2000 or thereabouts, they estimated that it would cost the treasury $10 billion over ten years so the nation could not afford it. Looking back today at the amount of money that is, it seems almost trivial considering the cost of so many mega-financial government and commercial deals in real estate, finance and other industrial sectors. Be that as it may, I think that ZGZT as it is called will bring in far more money to the treasury in the form of payroll taxes and economic growth in the form of jobs, good jobs than just about any other investment by the government in the future of an industry.”

NASA Watch founder, Explorers Club Fellow, ex-NASA, Away Teams, Journalist, Space & Astrobiology, Lapsed climber.