Shortly after Jeff Bezos — the world’s richest man — completed his first spaceflight, Rep. Earl Blumenauer (D., Oreg.) announced he’s working on a plan for a new tax targeting space tourism.  The Securing Protections Against Carbon Emissions (SPACE) Tax Act would create new excise taxes on commercial space flights with human passengers for non-research purposes. 

Masters of the Universe!

Slipping surly bonds of Earth

Seeking to escape the curse

Of taxes based on your net worth.

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Space is just a cavity

For billionaires to fill,

Suspend the law of gravity

Or bend it to their will.

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And because it’s hollow

Different rules apply

The IRS can’t follow

You into the sky.

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Since the time that man first knew

The night sky’s strange seductions

The dream lives on inside of you,

Of infinite deductions.

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And in the rocket’s bright red glare

Your glory is reflected

Hate or love a billionaire,

He doesn’t get elected.

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The rockets of Apollo

Opened up the door

To space. And as you follow

Just keep out the poor.