FLASHBACK: AP: Stimulus includes tax break to promote private jet sales
During President Obama's press conference today, he scolded Republicans for demanding tax cuts for corporate jets.
From the Associated Press in 2009:
From the Associated Press in 2009:
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.
Read more at the Washington Examiner: http://washingtonexaminer.com/blogs/beltway-confidential/2011/06/flashback-ap-stimulus-includes-tax-break-promote-private-jet-sale#ixzz1QgiNZ26y
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