Sunday, June 16, 2013

White House Eyes $5.5 Billion Tax Hike on Airline Industry

White House Eyes $5.5 Billion Tax Hike on Airline Industry | Heartlander Magazine:
"The Obama administration is pushing for new taxes on the airline industry that would amount to an estimated hike of $14 per flight.
But that’s only a drop in the bucket of what the White House proposes, said one industry insider.
“Altogether, the White House budget proposal would increase taxes on airline customers and airlines by a whopping 29 percent, adding another $5.5 billion to their $19 billion annual tax burden,” said Vaughn Jennings, managing director for government and regulatory communications for Airlines for America."

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