September 8, 2017

Bloomberg: Football Champs and CEOs Alike Sidestep Taxes With Private Jets

media mention

The result is that airline passengers are subsidizing some of the world’s largest corporations and wealthiest people under the current system, said Matthew Gardner, a senior fellow at the nonprofit Institute on Taxation and Economic Policy.

“Pretty clearly, we all feel the pain every time we buy an airline ticket and see how big a share of the costs those fees are,” Gardner said.

Bloomberg calculated the difference between airline and private-jet taxes on 10 domestic routes, ranging from 2,500 to 340 miles on a variety of typical aircraft. While the taxes can vary significantly due to many factors, there were sharp disparities in all of the examples. On average, private flights generated only about 7 percent of comparable airline taxes in the examples. Read more