Corporate Jet Use Crackdown Is a Poor Way to Boost Tax Revenue

Business Aviation attorney John Hoover published an article for Bloomberg Tax discussing the U.S. government's intention to focus on taxing business aircraft. The article expresses concerns about characterizing corporations and high-net-worth individuals who use business aircraft as avoiding tax responsibilities, highlighting the positive impact of business aviation on the U.S. economy and the complexity of relevant tax laws. Mr. Hoover also addresses the support that government officials have shown toward this tax proposal and suggests alternatives to the increased enforcement.

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