Proposals to end the tax breaks for corporate jet ownership is less about dollars and cents than it is about political imagery and a bit of class warfare.
Stories Related to Industry Set For Fight To Keep Corporate Jet Tax Breaks
By ERIC LICHTBLAU, New York Times
Thu, 07/07/2011 - 10:46pm
RELATED ARTICLES
- Owner of Mystic Pizza pleads guilty to tax charges
The owner of the Mystic Pizza restaurant made famous in a 1988 movie has pleaded guilty to federal tax charges. More - On Marijuana Tax, Colorado Asks: What’s Too High?
If marijuana is legalized and properly regulated, its proponents have long said, it could generate millions of dollars in state tax revenue. But how the drug should be taxed has proved to be a thorny question. More - Senate planning vote on Internet sales tax bill
The days of tax-free online shopping could finally be numbered. The Senate is planning to vote on a bill as soon as Monday that would give states the authority to collect sales taxes on all Internet purchases, handing local governments as much as $11 billion per year in added revenue that they are legally owed — but that hasn’t been paid to them for years. More - Where do more tax cheats live? South and West, IRS study shows
Worried the Internal Revenue Service might target you for an audit? You probably should be if you own a small business in one of the wealthy suburbs of Los Angeles. You might also be wary if you're a small-business owner in one of dozens of communities near San Francisco, Houston, Atlanta or the District of Columbia. More - Obamas paid $112,000 in taxes in 2012
President Obama and first lady Michelle Obama paid more than $112,000 in taxes in 2012, an effective federal income tax rate of more than 18% for 2012, according to the White House. The Obamas and Vice President Biden and his wife released their tax returns Friday, three days before the April 15 tax filing deadline. More
BING NEWS:
- If Buffett Is Right About Taxes, Corporate Profits Face A Reckoning
Warren Buffett expects US corporate taxes to rise as the government faces pressure to narrow the fiscal deficit. Meanwhile, President Biden has called for the rate to rise to 28%. Considering that the ...
05/18/2024 - 3:27 am | View Link - Challenge Group says it may pull out of Jet Airways aircraft deal, seek return of money with interest
The Malta-based Challenge Group, which had successfully bid for three Boeing 777-300 aircraft of the grounded Jet Airways, says its time and patience is running out after waiting nearly 19 months for ...
05/16/2024 - 4:48 pm | View Link - 89 “They’re Not Gonna Last Long” Moments Shared By Wedding Guests
Recently, people who attended weddings where the couple didn't last for long shared their experiences, as a netizen prompted them with a question: "People who went to a wedding where the couple didn't ...
05/15/2024 - 12:38 am | View Link - Airlines Take Their Fight Against ‘Junk Fees’ To Court
The published version of Forbes' CFO newsletter delivers the latest news for chief financial officers and other budget-focused leaders to inboxes every Tuesday.
05/14/2024 - 5:28 am | View Link - Airlines Fight Back Against Biden Administration Fee-Disclosure Rule
The Transportation Department says its rule, requiring added disclosure of baggage and flight-change fees, helps consumers avoid overpaying for surprise fees.
05/13/2024 - 6:09 am | View Link - More
Welcome to Wopular
Wopular is an
online newspaper rack,
giving you a summary view of the top headlines from the top news sites.
Senh Duong (Founder)
Wopular,
MWB,
RottenTomatoes
MoviesWithButter : Our Sister Site
- "Expendables 4" Starts Shooting This Fall, Says Randy Couture at the Arnold Sports Festival more
- “Expendables 4” Gets Funding Interest from “Ip Man 3” Financier more
- "Ip Man 3" Distributor Suspected of Box Office Fraud, Parent Company Loses $200M in Market Cap more
- Yen Targets "Ip Man 4" for 2018 Release; Discusses Film with Director, Producer more
- "Ip Man 3" Shatters Expectations with $72M Opening [China Box Office] more