Regulations and Government
Bolen: White House 'Unfairly' Targeting Business Jets
President Biden stresses need to cut private aircraft tax breaks
President Biden State of the Union
President Biden stessed the need to cut tax breaks for very wealthy and large corporations. © White House video

President Biden’s State of the Union speech last night drew fire from the National Business Aviation Association for targeting business jets, describing efforts to make “big corporations and the very wealthy finally pay their share.” 

Noting he signed a law for a corporate minimum tax, Biden added in his prepared speech: “I also want to end the tax breaks for Big Pharma, Big Oil, private jets, and massive executive pay! End it now!”

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