Become the Fifth Space Tourist 119
MattSparkes writes "There have been four space tourists so far. You could become the fifth — even if you aren't a dot-com millionaire. New Scientist is running a competition to send one person on a sub-orbital flight, 62 miles above the Earth. All you have to do is write 250 words on what the best ever patented invention is. Personally I think it has to be the Levitationarium." Of course if you win you'll probably have to pay the taxes.
Only for UK residents (Score:5, Informative)
http://www.winatriptospace.co.uk/blogs/patent/tan
1. This competition is open to anyone aged 18 or over who is ordinarily resident in the UK except for employees of Reed Business Information Limited, Volkswagen Group United Kingdom Limited or Space Adventures Ltd and their immediate families. For guidance on what 'ordinarily resident' means see
www.hmrc.gov.uk/manuals/cbtmanual/cbtm10020.htm.
Re: (Score:2)
Brits Only! (Score:5, Informative)
Note: This contest is only open to residents of the UK.
So no need to worry about the IRS demanding a share... just Her Majesty's Revenue and Customs.
Re:Brits Only! (Score:5, Informative)
Fortunately for us Brits, prize winnings are tax exempt.
Re: (Score:1)
Re: (Score:3, Informative)
Re: (Score:2)
At least with a car, there is an MSRP that says what it is worth. Of course, no one in their right mind pays MSRP for a car. Now, for a trip to space, when they value it at umpteen million dollars, where is the comparison to find out what it is really worth? Sure, some millionaire might pay $25 million for it, but how much would the average Joe pay. Or in my case, how much would they have to pay me to get me to go?
I
Re: (Score:2)
And with a suborbital space flight, there's a web site [spaceadventures.com] that says what it's worth.
Um, the average Joe wouldn't pay anything, because he can't afford it. But the price he would pay is {checks web site} $102,000, because they don't offer an "average Joe" discount.
Re: (Score:1)
So you're saying I should wait for someone else to win, then buy it at a reduced rate when the IRS has them at gunpoint...
Damn. If only this were being held in the USA.
Re: (Score:2)
You have a good point. If I were King, I would try to avoid double taxation. In the current system in the U.S., people generally think that they can not pay taxes on something if it has already been taxed, but that is not the case at all. Multiple taxations are commonplace. People think that they do not have to pay sales tax on the items they sold at a garage sale because they already paid the full sales tax when
Re: (Score:1)
Re: (Score:2)
VAT taxes and property taxes seem to avoid "multiple taxations" the best.
Re: (Score:2)
Why tax it at all?
Using the church-raffle car as an example, the problem is that somewhere upstream, the car was written off as a deduction on someone else's taxes. For instance, a car dealership may have given the $20,000 car to the church, and then gotten a $5,000 tax break. Someone needs to fill that $5,000 tax void now, and so it is the recipient. You could require the contest promoter to pay the taxes instead if you wanted. In the specific case of a charity raffle, the taxes should probably be excluded altogether to en
Re: (Score:2)
But that car dealership bought the car from the car manufacturer, who had to pay taxes on the income.
Re: (Score:2)
But that car dealership bought the car from the car manufacturer, who had to pay taxes on the income.
Yeah, that's the way income tax works... each "value added" bit gets taxed, and you get credit, within limits, for losses. The car manufacturer purchased raw materials and only made a profit on the differential between the COGS and the factory price. The dealer would only pay the tax on the difference between the factory price and the retail price. If all goes correctly, the government has taxed the entire cost of the car exactly once.
Now, if the car dealer decides to give the car away as a promotion, he i
Re: (Score:2)
That works to the extent that the costs of generating the income go into the final product, the costs of goods sold, but doesn't work so well for general expenses that can't be tied to a product, like in this case advertising.
But the whole pu
Re: (Score:2)
I agree
Re: (Score:1)
Because two wrongs don't make a right?
That's enough reason for me, but maybe you want a more limited exception. What's so utterly egregious about this particular case is that the prize is a non-transferable service. So a more limited exemption would be for prizes of non-transferable services. Or you could go a little bit mo
Re: (Score:2)
Re: (Score:1)
Fair enough. I don't actually agree with this, as I see it similar to saying that "we have pickpocketing, so we should make sure everyone gets pickpocketed equally", but if you're sure you want to take that position with regard to taxes I can accept it. After all, there is a certain belief that taxes go to benefit the public, which is at least somewha
Re: (Score:2)
I will point out, though, that gifts are taxable if they exceed some amount - I think it is $12,000 these days.
Re: (Score:1)
Gifts are taxed, as gifts, to the person who gave the gift. They are not taxed, as income, to the recipient. I think you're right on the $12,000, but I'd have to look it up to be sure.
Re: (Score:1)
Re: (Score:2)
I won't quibble over whether or not you raise the cost of everything, but I will point out that you'll raise the cost of something that uses a lot of gas more than you'll ra
Re: (Score:2)
Re: (Score:2)
Re: (Score:1)
Re: (Score:2)
Best Patent Ever (Score:3, Funny)
Well, now I'm torn between that and the "The ornamental design for a unisex short with reversible condom, as shown. [google.com]." After all, some of us are so busy with life that we don't have time to stop and take out a condom and put it on when we're about to have sex. For the promiscuous person on the go!
Re: (Score:2, Funny)
Easy (Score:5, Insightful)
~S
They're asking for patented ones... (Score:3, Informative)
Phonograph (Edison)
Light Bulb (Edison)
AC Power System (Tesla)
Remote Control System (Tesla)
Bladeless Turbine (Tesla)
Steam Engine (Watt)
Hot Air Engine (Stirling)
And so forth...
Each of the above has had an impact or will have an impact on all of our lives in a very major way. It's a shame, really, that they're limiting the competition to UK citizens.
Re: (Score:1)
Re: (Score:2)
~S
Re:They're asking for patented ones... (Score:5, Insightful)
Thomas Savery invented the Steam Engine, Joseph Swan invented the light bulb and Edison only invented half the phonograph, the french having figured out the recording part.
Perhaps a more useful 250 word essay would be on how the patent system enshrines the myth of the individual genius, when in fact technology moves forwards by little increments.
from the shoulders of giants... (Score:1)
Re: (Score:2)
At least by doing that they don't run the risk of being thrown into jail for violating some obscure US law.
Re: (Score:1)
Re: (Score:2)
Re: (Score:2)
Unless you can provide a link to the patent for plumbing though, I'd try again.
Sliced Bread (Score:5, Funny)
Re:Sliced Bread (Score:5, Funny)
Re: (Score:1)
Re: (Score:2)
Avoiding most taxes (Score:1, Interesting)
Re: (Score:1)
Re: (Score:2)
There is, and they're doing it. Prizes in the UK are tax exempt; this prize is only available to UK residents.
5th Tourist? No Thanks (Score:1, Funny)
I want to be the 47th.
-Linus
Re: (Score:2)
Re: (Score:2)
Statistics says anything past 39th is OK. (Score:1)
oops... thats first or last 5% (Score:1)
Best patented invention (Score:1, Funny)
Best Patent? (Score:1)
Audi & Patents (Score:2)
Seems like they are really going for this patent thing with this competition, too. I wouldn't be suprised if the winner had to write something about Audi's patents
Re: (Score:2)
You weren't impressed because you realize all of that over-engineering is what makes your car require so much maintenance.
(note: I also own an Audi, and wouldn't trade it for anything... except maybe an Aston Martin)
Re: (Score:2)
Hmm. Let me see - drove out of the garage from new, and doesn't need to go back until it's either 2 years old, or it's done 20k miles. Long life service *grin*
Although I do see your point. They replaced the handbrake with a switch thing which is presumably linked to a motor. One more thing to fail and when it does, I better have some wheel chocks handy!
Over-engineered, yes - but doesn'
Re: (Score:1)
kinda scary if you ask me... (Score:1)
The Wheel (Score:4, Insightful)
Re: (Score:2)
Not quite appealing... (Score:1)
Re: (Score:2)
Interesting Social Experiment (Score:2)
The greatest invention, in my opinion (Score:3, Funny)
Fifth space tourist? (Score:2)
Talking about Levitationariums... (Score:2)
I'm not related to them in any way, but do plan to visit sometime soon. Thought people around here may be interested in that kind of experience as well.
Re: (Score:2)
Re: (Score:1)
Re: (Score:2)
Fist Say: (Score:2, Funny)
Re: (Score:2)
Re: (Score:1)
I would suggest joining the mile-high club, but, considering your name, it would be a solo endeavor.
Re: (Score:1)
Use of a Laser Pointing Device to exercise cats (Score:2)
Jolyon
Gah! (Score:3, Insightful)
Re: (Score:2)
It's not an orbital flight, no, but it's definitely outer space. Alan Shepherd only went 50 miles higher.
Re: (Score:2)
http://en.wikipedia.org/wiki/K%C3%A1rm%C3%A1n_line It's not an orbital flight, no, but it's definitely outer space. Alan Shepherd only went 50 miles higher.
That's the boundary of space, but that doesn't mean this is space travel. I define space travel as a controlled entry into space, a controlled stay there, and a controlled return. Throwing a can up high and letting it fall back to Earth is not space travel.
Re: (Score:2)
If you could throw your can up above the 62 mile mark it would be a space vehicle.
If I cross the border from Canada to the US to get some smokes from Walmart, the border guards aren't going to let me get away without ID on the grounds that I'm not really in the USA because I'm not planning to stay long.
I completely agree with you that the prize isn't of the same order as the people who s
Re: (Score:2)
Unless something goes dreadfully wrong. Then it could become an orbital trip after all
Re: (Score:2)
Re: (Score:2)
Exactly, like the other poster said - PARTS of it might just make it to orbit. So look on the bright side, at least your right foot and 2 fingers off your left hand might make it to orbit!
Re: (Score:1)
Re: (Score:2)
As far as I know staying somewhere is not a requirement for tourism. Actually I think that if you stayed it would be immigration.
Interesting analogy. So, if you land in London Heathrow Airport temporarily on the way to somewhere else, were you a tourist in London? I'd say most people would say "no", even though you were technically in "London Space". As with outer space, if you just enter temporarily on the way back down to Earth, I would say you weren't a tourist.
Re: (Score:1)
It depends on your intention anyway. If you are just traveling somewhere and make a stop at Heathrow Airport in between, most would agree that you're not a tourist.
If you are however interested in airports and travel from airport to airport just to see them, then yes, you are a tourist.
Re: (Score:2)
If you are however interested in airports and travel from airport to airport just to see them, then yes, you are a tourist.
I'd agree with that, but space is not an airport. An airport is a landing spot on the way to another destination. Space IS the destination. Even if I walked out of an airport and saw london for four minutes before a rubber strap whipped me back into the airplane, I don't think I would've been a tourist.
Re: (Score:2)
Although I think it would be in fact technically space tourism, I disagree with the submission's claim that they would be the "fifth space tourist." Note that this is an assertion by the submitter, not the contest itself. In fact, the contest doesn't even make any claims that the winner will be on
oooh! (Score:3, Funny)
Misleading (Score:1)
Also, from the article, before you read the information on the site itself, it implies you'd go on the same trip as the first four Space Adventures customers to the ISS. This is not so, they will be flying to space onboard the XCOR Xerus single stage RLV. Not 7-10 days in space, but 5 minutes. Not detracting from the 5 minut
Re: (Score:1)
Re: (Score:2)
Mike Melvill and Brian Binnie were not tourists. In fact, if I were them it would make me a little angry to be demoted to tourist status.
Re: (Score:1)
The four people who went to the ISS were by no means up there just to float around and look out the window, they only qualified by being able to do scientific research while aboard the ISS.
Anyone who has gone to space so far have been absolute professionals.
But the labels haven't been invented for what people who pay to go to space vs who are not paid, and yet again, privately ba
If those in the US could play (Score:2)
In a heart beat I'd go to space....
but wait...what if I spend a year outside the US and then collect the prize? Kind of like working outside the US and getting paid at the end even though the contract was written up months earlier when I was in the US....that sounds like a way to get around the IRS taxes for this while keeping my f
You wont go to jail (Score:2)
You would have your wages garnished, or you could work out a payment plan.
This one has my vote (Score:1)
http://totallyabsurd.com/hijackerinjector.htm [totallyabsurd.com]
That moron talking REALLY LOUD on his cell phone is now drooling in his shirt pocket!
Best Patent Ever....U.S. Patent 1,867,377 (Score:1)
More exactly the single load bread slicer.
Astroturfing? (Score:2)
My guess is that the winner will be a software/crypto or business method patent, and that this will be used to fuel the push for such patents in Europe.
My picks: lightbulb and integrated circuit.... (Score:2)
The integrated circuit made computers smaller, faster, more efficient, and networkable--generating a huge amount of commerce and revenue worldwide. (Thanks Bell Labs!)
Now, less affluent people can't stand to live under these conditions--they are considered only to be a resource to be exploited by 'the corporate machine' who got to be that way thanks to the light bulb and integrated circuit.
PATENTED!!!1 (Score:1)
How long until New Scientist's sister magazine - New Musician - runs a contest where you can win a trip to Las Vegas for writing a 250-word essay on what the best DRM'ed album is?
- RG>
Slashdot grow some huevos: (Score:1)
'Twould be fair play.