FLASHBACK: AP: Stimulus includes tax break to promote private jet sales | Charlie Spiering | Beltway Confidential | Washington Examiner

Just a few months after lawmakers scolded auto executives for flying to Washington in private jets, Congress approved a tax break in the stimulus package to help businesses buy their own planes.

The incentive — first used to help plane makers recover from the 2001 terror attacks — sharply reduces the up front tax bill for companies who buy assets like business planes.

via FLASHBACK: AP: Stimulus includes tax break to promote private jet sales | Charlie Spiering | Beltway Confidential | Washington Examiner.

This entry was posted in News, Remarkable. Bookmark the permalink.