New Mexico county approves spaceport tax
Posted: Wed, Apr 23, 2008, 8:37 AM ET (1237 GMT)
A county in southern New Mexico overwhelmingly approved a sales tax increase Tuesday that will help fund the development of a commercial spaceport in the state. Voters in Sierra County, New Mexico approved a quarter-cent increase in the county's sales tax by a two-to-one margin in a special election. The majority of the money from that tax will be used to help build Spaceport America, a commercial spaceport planned for southern New Mexico that will be used by space tourism firm Virgin Galactic and other companies. The approval of the tax allows the state to create a "tax district" along with a neighboring county that approved a similar tax last year, allowing tax revenues to be collected and channeled to the spaceport.
A county in southern New Mexico overwhelmingly approved a sales tax increase Tuesday that will help fund the development of a commercial spaceport in the state. Voters in Sierra County, New Mexico approved a quarter-cent increase in the county's sales tax by a two-to-one margin in a special election. The majority of the money from that tax will be used to help build Spaceport America, a commercial spaceport planned for southern New Mexico that will be used by space tourism firm Virgin Galactic and other companies. The approval of the tax allows the state to create a "tax district" along with a neighboring county that approved a similar tax last year, allowing tax revenues to be collected and channeled to the spaceport.
Related Links:
| <<previous article | next article>> |
|
news in brief
|
|
|
|
news links
|
|
Sunday, August 23
SpaceX accelerating India operations? Hiring for Starlink throws up a surprise
Republic World (India) — 8:57 am ET (1257 GMT) Nepal Rejects Musk’s Demand for Full Ownership, Starlink Service Expansion Put on Hold
Hindusthan Samachar — 8:56 am ET (1256 GMT) A SpaceX Rocket Is This Island’s Most Talked About Visitor
Wall Street Journal — 8:49 am ET (1249 GMT) Alan Joyce’s Musk monopoly warning over in-flight Wi-Fi
Sydney Morning Herald — 8:44 am ET (1244 GMT) “ISRO Will Not Make Any Launch Vehicles”: IN-SPACe Chairman Pawan Goenka Says Manufacturing Work Will Be Handed to Private Sector
NewsGram (India) — 8:42 am ET (1242 GMT) |
