GA Faults Report on Private Jet Travel
No sooner had the ink dried on a report by the Institute for Policy Studies and Essential Action (IPS/EA) claiming super-wealthy private jet owners are enj
No sooner had the ink dried on a report by the Institute for Policy Studies and Essential Action (IPS/EA) claiming super-wealthy private jet owners are enjoying tax breaks and luxury at the public’s expense than general aviation stood up to vociferously disagree.
The think tank’s report recommends imposing a “luxury tax” on private jets and “fixing” the FAA’s funding structure to require private jets to pay their share of the costs. The authors call on Congress to tighten security requirements on private jets and suggest government subsidies spent on fixing small airports that largely serve private jets would be better invested in high-speed rail as an alternative to short-haul air travel.
