100 Dollar a Flight Corporate Jet Tax

http://www.futureofcapitalism.com/2011/09/100-dollar-a-flight-corporate-jet-tax

Bloomberg News notices that among President Obama's proposed tax increases is a new $100-a-flight fee for corporate jets. Like most of the tax increases, the fee is justified in terms of "fair":

"General aviation users currently pay a fuel tax, but this revenue does not cover their fair-share use of air traffic services," the plan said.

But if "fair" is the issue, why not make the $100 fee apply to all flights, or to all passengers, or by pound of weight flown, rather than imposing it on corporate or private jets alone?

The Bloomberg article supports the "both parties do it" idea:

A similar proposal introduced by President George W. Bush's administration was defeated in Congress...

That plan, which was introduced in 2007, was supported by the airline industry, which argued that corporate aircraft owners should pay a greater share.

by Editor  |  Sep 20, 2011 at 7:18 am Related Topics:  Taxes receive the latest by email: subscribe to the free futureofcapitalism.com mailing list