Printer Friendly
The Free Library
19,122,084 articles and books
Member login
User name  
Password 
 
Join us Forgot password?

A science tax on information?


A science tax on information?

When it came to funding "targeted programs" like AIDS andthe Strategic Defense Initiative Strategic Defense Initiative (SDI), U.S. government program responsible for research and development of a space-based system to defend the nation from attack by strategic ballistic missiles (see guided missile).  for fiscal year 1987, "Congress was very good," says Philip Speser, executive director of the Washington, D.C.-based National Coalition for Science and Technology (NCST NCST North Carolina State
NCST National Centre for Software Technology
NCST National Construction Safety Team
NCST Naval Center for Space Technology
NCST National Commission for Science and Technology
). However, he points out, "across the board, there was a 4.2 percent cut from the administration's request for general science." And no windfall windfall

An unexpected profit or gain. An investor holding a stock that increases greatly in price because of an unexpected takeover offer receives a windfall.
 materialized to boost the research community's ailing infrastructure, including facilities.

So NCST, the only registered lobby of scientists for science,announced last week that it has crafted a plan to generate additional revenues for future science budgets: a tax of 0.1 percent on the sale of printed or electronic information. Speser says, "The idea has generated considerable interest on Capitol Capitol, seat of the U.S. Congress
Capitol, seat of the U.S. government at Washington, D.C. It is the city's dominating monument, built on an elevated site that was chosen by George Washington in consultation with Major Pierre L'Enfant.
 Hill, and formal legislation is being prepared."

Commerce Department statistics suggest, he says, that the"information industry" has gross revenues of $94.15 billion annually.

Basedon those figures, the tax NCST is proposing would generate $94 million a year: $28.9 million from the sale of newspapers, $15.7 million from periodicals, $11.2 million from books, $22 million from computer software, $4.5 million from video-cassettes and $9.5 million from cable television.

Speser says one-quarter would go to the NAtional Endowmentsfor the Arts and Humanities, since some of the tax would be derived from literature and art, and the rest would go to a new Science Trust Fund. The science portion, administered by the National Science Foundation along guidelines guidelines,
n.pl a set of standards, criteria, or specifications to be used or followed in the performance of certain tasks.
 established by a government interagency in·ter·a·gen·cy  
adj.
Involving or representing two or more agencies, especially government agencies.
 committee, would be spent on education, on buildings, equipment and maintenance and on "blue sky" basic research.
COPYRIGHT 1987 Science Service, Inc.
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1987, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

 Reader Opinion

Title:

Comment:



 

Article Details
Printer friendly Cite/link Email Feedback
Title Annotation:National Coalition for Science and Technology proposes tax on sale of printed or electronic information
Publication:Science News
Date:Jan 24, 1987
Words:272
Previous Article:Estrogens exonerated in breast cancer.
Next Article:Family feud: enter the 'black skull;' an ancient African skull has stepped into a dispute over the purported 'common ancestor' of hominids, including...
Topics:



Related Articles
Legislators jump on predicted surplus.
LETTERS IN THE EDITOR'S MAILBAG.
If not now, when?
City to add 3-cent tax to gas for road fixes.
TheStreet.com Launches Financial Blog Search Engine - StockBlogr.
Start a litigation group to find strength in numbers.
A taxing workout.
Attention to invention: helping entrepreneurs get their inventions to market can be a great economic development tool.
The property tax shuffle: some states have made major changes in their property taxes while others have zeroed in on special cuts for poor and...
Putting community in forests: a look back at the evolution of American Forests' policy niche and toward recommendations for expanding the role of...

Terms of use | Copyright © 2012 Farlex, Inc. | Feedback | For webmasters | Submit articles