skews13
Diamond Member
- Mar 18, 2017
- 11,703
- 15,756
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I think itās nice that the Coast Guard does not ask to be paid to rescue people. Iām all for adventure, heck Iāve had a few myself. Many of these people embark on their adventures in full knowledge that they may not come back alive. HOWEVER:
There should be a limit. Completely voluntary, optional, trips-for-fun that a) cost a lot, and b) are pretty dangerous, should:
1) Be taxed as a luxury at 100%. If you can afford 55 million dollars to go to space, you can afford 55 million extra to, hmm, maybe undo some of the damage youāve done to the environment for your joyride?
2) Be required to purchase a hefty insurance package to cover your rescue if needed. Rather than counting on taxpayer-funded organizations like the Coast Guard, perhaps we should have a private rescue company that contracts for these rescues and covers the cost. Riders on the Titan had to buy insurance, but only a $100,000 policyānot nearly the cost of the rescue effort.
Again, not for every adventure. But in these high-end, high-risk cases, I say let the billionaires take care of themselves.
There should be a limit. Completely voluntary, optional, trips-for-fun that a) cost a lot, and b) are pretty dangerous, should:
1) Be taxed as a luxury at 100%. If you can afford 55 million dollars to go to space, you can afford 55 million extra to, hmm, maybe undo some of the damage youāve done to the environment for your joyride?
2) Be required to purchase a hefty insurance package to cover your rescue if needed. Rather than counting on taxpayer-funded organizations like the Coast Guard, perhaps we should have a private rescue company that contracts for these rescues and covers the cost. Riders on the Titan had to buy insurance, but only a $100,000 policyānot nearly the cost of the rescue effort.
Again, not for every adventure. But in these high-end, high-risk cases, I say let the billionaires take care of themselves.
