Congress Targets Corporate Jet Tax Loophole

By Jen DiMascio jennifer_dimascio@aviationweek.com .
WASHINGTON .

A top Republican indicated last week he may be willing to consider a Democratic proposal for deficit reduction that targets the owners of corporate jets.

Democrats, including President Barack Obama during a press conference June 29, are pledging to close a “tax loophole” for the owners of corporate jets ...

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