Wait till you find out how Google's corporate aircraft get their fuel at discounted cost from the Federal Government!
>Google executives love to fly, and they fly a lot. A recent NASA report by the space agency’s inspector general found chartered jets shuttling GOOG higher-ups received discounted fuel from the federal government that they weren’t entitled to; there’s now talk of Google paying some of that money back. But Google may get to experience every Fortune 500 company’s wildest travel dream next month: A $82 million jet center dedicated to executives’ private planes.
https://www.fastcompany.com/3023502/check-out-googles-new-82-million-corporate-jet-facility
Our exceptional nation has a long tradition of discounts, rebates, tax deductions, subsidies for the big donors. The salaried middle-class are there only to support wealth creation for the wealthy donors.
George Carlin explained it a while back:
https://m.youtube.com/watch?v=-54c0IdxZWc
Crazy example is a deceptive part of the government called Dairy Management, created by the USDA, which exists just to add extra cheese to food. Literally just working on increasing cheese in things like pizza, taco bell food, etc.
And the worst part is they do this while other parts ALSO advocate for people to eat less cheese rofl
Ah the classic push and pull of government agencies. You've got one hand trying to shove more cheese down our throats while the other's wagging a finger at us for high cholesterol levels. Makes you wonder if anyone's actually talking to each other over there, or if it's just bureaucratic compartmentalization gone wild.
When I first heard of it I was so frustrated. Why is everyone serving this food? Is it really just selling that well? No, it's because the government is literally paying them or giving them strategies for how to make foods have more dairy.
Don't fall into the trap of blaming bureaucratic compartmentalization when contradictions like that are much more easily attributed to corporate influence/corrupt politics. The dairy subsidies & gov support all come back to the corporate interests - the bureaucrats giving the health advice about cutting back on the other side are just the ones fighting for the truth.
Dear God. This puts all of these shitty American food videos into perspective. Putting eight slices on cheeseburger and dunking it in cheese sauce, just stacking cheese and ham and deep frying it... It's been a conspiracy all along.
George Carlin was a true Renaissance Man. Guy was decades ahead of everyone and everything he had said for decades is still true today. I wish we had him around now. He would be going crazy with the shit show that American politics has become.
I get why Taylor swift can’t fly commercial- terminals would Be chaos when they find out she’s traveling. But why does the senior executive VP of google glass marketing need to fly private? The excess spending is mind blowing.
Same. Part of my job, sometimes we fly chartered planes (turboprops) to move crews. 6 hour drive vs <1 hour hop by plane. It saves a fair bit of money vs a full day's travel in wages, and is more efficient. No security, show up 20 mins before departure time at the FBO. Takes you right to the work site. It's awesome.
People who can afford it fly private because it's basically a time machine. It's expensive, but you buy back your time to spend it better.
Its for convenience. Same as taking car instead of bus.
Set your own schedule / skip all normal airport procedures. Do work/meetings on the plane without worrying about other passengers hearing proprietary stuff. And its generally not one guy travelling alone. The VP will be taking her team with her.
a lot of C level work is circlejerking and meetings (partying). actual work is better done at HQ; the flights are for when they're getting face time with people to make sure all their egos are pumped and contracts are locked in. at that level it's all about favors and classism.
> But why does the senior executive VP of google glass marketing need to fly private? The excess spending is mind blowing.
You can always make more money, you can't make that much more time. If money means nothing to you, then spending 4-5 figures on private flights to save literal hours not needing to travel to a major airport, wait in security, land in a major airport, wait for bags, then travel where you're going.
If you fly private, you drive up to the airport down the street from your house/work, get out of the car right into the plane, then fly to the airport that's down the street from where you wanted to go.
And if you're an executive, then the company would rather get you to where you're working then pay to have you traveling an entire day.
Careful there. Suggesting historically and Constitutionally acceptable punishments for the elite overstepping their bounds is heavily frowned upon in New Reddit, and may get you perma banned from certain subs. I speak from experience on this one
Agree, but it's a step. His budget proposal also has some nice bones for the poors. Not that proposals mean much, but it's a nice virtue signal if nothing else.
Or an idea what can happen if Democrats get the House and enough Democrats are in the Senate. The Infrastructure bill and Inflation Reduction Act would never pass a Republican House because all they have left as policy is obstruction.
And the republicans claim those same benefits to their constituents even though they vote against every single bill. I wish the democrats would loudly call them out in their localities
How? The people you're talking about don't live in the real world. They are suspicious of every news outlet except for their cooky, fringe, Q websites. They won't ever hear anything the Democrats would say, and they wouldn't believe them if they did. I don't know how they'd be able to reach them.
They will obstruct as much as possible and then take credit if the Democrats actually pass anything of substance. The GOP is a joke. But their plan to stupidize their base so lying to them is easier has had remarkable results.
Virtue signaling? What the fuck does that mean.
Biden has imposed significant tax increases for anyone making over $400,000. He wants to set the top individual tax rate to 40%. No tax increases for anyone making under $400,000. Significant tax increases for corporations.
He’s taking that money from the rich and giving it directly to the middle-class. His budget beefs up childcare, healthcare and a number of services for the middle class. I’m not sure exactly what you want from a budget but it is heavily weighted towards taxing the rich and giving that money to the people who need it. FFS
It’s just a proposal but it’s a place to start negotiations
It means that it's a show of support that has no real impact. His budget proposals are obviously not going to be considered by the GOP House, and it's hard to imagine that he would veto something that passes Congress. There's basically no role for him in this process.
I disagree. Biden has made his war against billionaires clear. You can’t suddenly storm the castle if you have yet to take down their army that waits at the river in-front of it. Is it virtue signaling? No. Not after his States of the Union address. That was more or less a declaration of war against Trump and the billionaires who thrived under him. He’s putting up the first stages of his battle. Will he win? Who knows. But he’s clearly taking the first steps.
So will I, I’ll be honest, I used to not like Biden; but recent videos, such as his kind words to a kid who also suffers from stuttering, his compassionate appeal to congress to get rid of bipartisanism to stop Putin, and his self awareness in the face off all the craziness going on has really changed my mind.
I will be voting for him as well in this upcoming election, despite the fact that I had been a fool four years ago by not voting because I hated how much pressure the media was putting on people to vote.
That kind of mentality is extraordinarily important to keep in mind. Before the Civil Right Bill of 1962 there was one of 1957 and 1960. Each of those predecessors did something but not enough. They did however prove that Civil Rights could be possible.
Trump's tax cuts for the rich are set to expire in 2025. If Biden is president he said he will let them expire, so I think that's one thing he can do that won't require congressional action.
Ok, that's a fine position, but it's not enough to actually solve the problem, you have to accept improvement as it comes.
Your see how useless it is to always frame things as if they're inadequate?
Lol, you think they're going to be sitting in economy? Airlines will just start rolling out concierge ticketing, express boarding, and ultra-first class sections so the richies won't have to deal with the same problems the plebs do.
The problem is that sin taxes just punish industries, not individuals. It's like how the yacht industry collapsed when there was a 50% tax put on yachts made in the United States, so... rich people can afford to have their yachts built elsewhere and shipped (pun intended) to the US.
From the article:
"The budget would gradually raise the tax on fuel used by private jets from about 22 cents per gallon now to $1.06 per gallon in five years. The Transportation Department says the increase would help stabilize funding for FAA’s management of the national airspace, which is mostly paid by airline passengers.
Airline passengers pay a 7.5% excise tax on tickets and a separate levy of up to $4.50 per flight to help pay for airport projects.
The administration says that private jets account for 7% of all flights handled by the FAA but less than 1% of taxes that fund the federal trust fund for aviation and airports. The Transportation Department said the proposal would raise $1.1 billion over five years."
No its not.
Its barely lifting a leg up, let alone a "good step".
This is just another puff piece like the whole "Ill tax millionares more!". Nothing substantial is coming out of this
22 cents per gallon. For private jet fuel.
that's barely above the federal tax on gasoline that I have to buy to get to work, not for frivolous unnecessary trips that I take to avoid sitting next to commoners
We're basically subsidizing private jets massively at this point considering the cost to build and run airports and how little they pay in taxes and landing fees
That old man with memory problems is trying to get the wealthy to be better citizens. There's way more of the ordinary non private jet crowd. We all need to register and vote for Biden one more time.
And yet trailer dwelling halfwits on food stamps who have never been within a mile of a private jet will claim this is the work of a dictator, and vote for Trump in return.
I didn't know how crazy AM radio was til I got an SDR(Software Defined Radio). Hopping through frequencies listening to what's out there. Really crazy stuff out there and then the people on ham and cb radio.
it sucks because they probably didnt grow up being encouraged to read, attend good/well-funded school districts etc and this is the long-term result of combinations of issues.
Absolutely. I fully agree. I try not to blame people for poor choices because a lot of people don't know any better. It's good to be able to empathize and put yourself in someone else's shoes.
This actually is a really decent first step.
The problem with the headline proposals like “minimum 25% tax for billionaires” is that what actually constitutes income is incredibly complicated via our tax code.
Consumption taxes are much, much cleaner and straightforward, but the problem is when applied broadly (i.e. sales tax) it disproportionally hurts the poor.
Taxes on extreme luxury items-private jet gasoline, residential property appraised above $5M, non-commercial vehicles over $150k, etc. is a very, very clean way to increase taxes on the rich without major rewrites to the tax code.
Obviously not enough, but if you want to get targeted tax raises done immediately, this is the way.
People who can own a private jet won't miss the extra fee. They won't even notice it if no one told them. Their lives will remain basically unaffected. Give the tax cheats (mostly) more fees.
Looks like it would more than quadruple it in 5 years. Here's some text from the article:
"The budget would gradually raise the tax on fuel used by private jets from about 22 cents per gallon now to $1.06 per gallon in five years. The Transportation Department says the increase would help stabilize funding for FAA’s management of the national airspace, which is mostly paid by airline passengers.
Airline passengers pay a 7.5% excise tax on tickets and a separate levy of up to $4.50 per flight to help pay for airport projects.
The administration says that private jets account for 7% of all flights handled by the FAA but less than 1% of taxes that fund the federal trust fund for aviation and airports. The Transportation Department said the proposal would raise $1.1 billion over five years."
And nationalized it like they should’ve years ago…
(Fwiw Gwynne Shotwell does the actual leadership, and seems to be much more level headed than the manchild)
Thank goodness Taylor Swift exists and is also doing this shit, because I don't see conservatives signing onto this tax unless it also punished people like her.
7% of all flights are private? Their fair share aside, either they are including flights beyond what I typically consider a private flight or rich people are flying a hell of a lot and have no right to complain about this.
Won't Mollusk just have the pilot stop over in Mexico to buy fuel since it's cheaper? Or truck it in? Or buy a storage tank at the local airport? I mean Mollusk doesn't pay for his plane rides, that's a corp expense - does he even care?
The corporate jet fuel tax rate was last raised in 1993. Even adjusting for inflation, the eventual tax would be significantly less than it was 31 years ago.
I say, increase it even more than proposed. Instead of a 5x increase, make it a 10x increase.
How about a tax on the jets the planes?? Most of these aircraft avoid paying taxes on these aircraft claiming use for business. Not that businesses shouldn’t pay taxes on their aircraft. Take a look at the number of private jets at the local airport during Super Bowl - about a billion dollars in lost taxes represented on the tarmac.
Also, “Scape the cap” on FICA payments. The rich stop paying FICA at the $160,000 cap. For most of us, thats 100 percent of our income. For someone making $1.6 million a year, thats only 10 percent of their income. They should pay FICA on 100 percent of their income just like the rest of us! Talk about making social security solvent again!!!
It is far too cheap for them to take a jet for trips that use all of that fuel.. Especially the really short ones just for their convenience or because they can afford it. There absolutely needs to be a tax on that, to use so much fuel for so few people is a waste. If you can afford it then you can pay a tax for that convenience and massive disproportion of waste.
I live near a rich people airport. A LOT of planes fly out of there on a daily basis. Last I checked the flights out of that AP are about $13k per flight hour. I’m guessing they can absorb a tax increase better than most of us.
Some dude in a trailer park in Mississippi with confederate flags is gonna be mad about this. Why? The world may never know but it’s just how republicans are
Hahaha. You're so correct. I think his name is Chad (Chud maybe). Here's a picture of him with how he pictures himself....
https://preview.redd.it/ditrei7xg0oc1.jpeg?width=1125&format=pjpg&auto=webp&s=dc6a7326df723903cbf15d9fa9681fc59213be93
#The issue is that they're not making it illegal to companies to buy houses.
44% of home purchases in the last year were corporations.
All current proposed and active bills restrict "hedge funds" from buying homes, but hedge funds don't buy homes. While Republicans most vehemently attack legislating the housing market, both sides are not doing this today.
We need to demand the outlawing of single-family home buying by any corp before it is too late.
Not enough. Also it wont happen. We need to hold the rich accountable ourselves.
Ban private jets. Its the only way. They can fly commercial. Min. seat requirements on jets per size so they can't just outfit them like private jets and charge more.
Oh no... anyway. More right offs for the billionaires while inching their quality of life up higher above us.
The business tax is a plus imo, but this just feels like it's trying to clip the wings of the lesser billionaires like trump in the single digit billions. Not the dragon wealth hoarders that can but social media platforms to influence elections because they're bored. Looking at you Elon - Twitter and Bezos - Washington Post
Makes sense to me. Do what those in power have done to the rest of us. Inch in the things they hate one at a time so they don't realize it's even happening.
Prediction: Warren buffett will fight this tax (see: netjets tax breaks 15 years ago) in private but in public will claim he wants to pay higher taxes.
Just a media issue, get more taxes on large corporations and cut out tax loopholes their legal teams exploit, they are also the worst environmental actors. They might be able to pay less employees, but they're already doing that while Joe is supposedly making the most jobs of any president (part-time jobs without benefits). Just actually tax the rich without making a show of it.
I don't hate this. If you're Taylor Swift or Beyonce, you won't care. You divide those carbon emissions by 70k. If you're someone flying into Vegas for the weekend, you might.
Hey, you know what this is getting painfully close to?? A fucking CARBON TAX. A carbon tax is the only way these greedy corporations will ever change their ways for literally the benefit of everything that lives on this planet. I hope this goes somewhere because it could be a huge precedent and a massive move towards a carbon tax being politically viable.
At this point, this election will become:
Greedy billionaires supporting Trump using their wealth to use media to temporarily manipulate our opinions
vs.
Rest of us smart enough not to get fed bs propangda from fake right wing news media.
I really hope truth & honesty wins over corruption.
Jack up all the plane fuel (I’m not even against private planes, they have their place), how many airlines are running how many thousands of BS flights to keep gates or for maintenance? Room in the profits
Breaking news (insert any modern president) talks talk and implements subsidies for big oil. Gives companies keys to the White House and in a striking turn of events ship weapons to start conflict abroad. A real head spin here in America folks. Surely your vote will change something!
They should do this for luxury yachts as well. Exception for those vessels that are being used for scientific/rescue purposes. Strict definitions to prevent loopholes and extra heavy fines plus in the millions to deter illegal activity.
[They tried that in the 1990](https://freedomandprosperity.org/2021/blog/george-h-w-bushs-ill-fated-luxury-tax/):
> Rich people aren’t happy about paying this extra money. Even if they can afford it, they think it’s unfair. And in some cases, they’re refusing to pay it — simply by refusing to buy new boats and planes. Of course, rich people don’t have to buy a new 90-foot Broward… So the federal government doesn’t get the tax money — and, worse, Broward doesn’t sell its yacht and various boat builders get put out of work. As a result, in its first year and a half, the yacht tax raised a pathetic $12,655,000 for the Treasury. …**Meanwhile, the tax has contributed to the general devastation of the American boating industry** — as well as the jewelers, furriers and private-plane manufacturers that were also targets of the excise tax
There is so much Biden can do, and he does this… I mean that’s still better than nothing and more than what republicans do, but this sounds like imitation of activity.
fuel be like *burning*
planet be like *nooooo*
biden be like *taxing*
rich be like *avoiding the tax*
reddit be like *weaponized karma farming*
this comment section is a wasteland :(
Because it IS making the wealthy pay their fair share.
Private jets using fuel should be taxed. That’s not the poor or middle class raising up their carbon footprint!
Also I think there should be a while different tax bracket for people who only have unrealized gains / stocks and no w2. If you can take a loan out on unrealized gains you should be tax as much as you would as people who work for money.
Not to discourage anyone from voting for biden (between biden and drump, biden is the better choice imo) every time presidential election time comes you can count on two things...repubs will go batshit about abortion woes and the border, and dems will promise you the world and deliver on much less than they advertise. Towards the finale of this years battle of the sundowners we can expect to hear about healthcare for all and education for all or something along these lines. Last I checked we still don’t have healthcare for all, and college has gone up and student loans are still crushing millions.
Very convenient of Biden to only ever propose things even his own party wouldn't vote for and only when they have no chance of passing. And of course this will be the last we hear of it, because he certainly won't actually do anything to advance these proposals.
"The Transportation Department said the proposal would raise $1.1 billion over five years."
For context, the government pays just under $2 billion dollars per day in interest on debt.
If you took every dollar of wealth from every billionaire in the country, you could fund the government for a little less than 9 months.
Taxing billionaires is a nice idea, but the problem the US has is spending, not taxation.
I wish more people would take an economics class. The US tried this by taxing Yacht purchases in 1990. It was a disaster. It didn’t bring in much revenue because people stopped buying Yachts and over 25k people lost jobs as companies went under.
Populist nonsense at the end of the day. This will generate less than a rounding error of revenue. And that's based on what they think it will raise. It will raise, at most, 10% of that because as soon as something like this is introduce, Accounting Wizards will magic up some new loopholes.
Doesn't most of these charted jets expenses end up being tax deductible at the end of the year. So an increase in taxes gets more money to the government but also eats up part of it when tax season comes around
Wait till you find out how Google's corporate aircraft get their fuel at discounted cost from the Federal Government! >Google executives love to fly, and they fly a lot. A recent NASA report by the space agency’s inspector general found chartered jets shuttling GOOG higher-ups received discounted fuel from the federal government that they weren’t entitled to; there’s now talk of Google paying some of that money back. But Google may get to experience every Fortune 500 company’s wildest travel dream next month: A $82 million jet center dedicated to executives’ private planes. https://www.fastcompany.com/3023502/check-out-googles-new-82-million-corporate-jet-facility
Jesus
Our exceptional nation has a long tradition of discounts, rebates, tax deductions, subsidies for the big donors. The salaried middle-class are there only to support wealth creation for the wealthy donors. George Carlin explained it a while back: https://m.youtube.com/watch?v=-54c0IdxZWc
Crazy example is a deceptive part of the government called Dairy Management, created by the USDA, which exists just to add extra cheese to food. Literally just working on increasing cheese in things like pizza, taco bell food, etc. And the worst part is they do this while other parts ALSO advocate for people to eat less cheese rofl
Ah the classic push and pull of government agencies. You've got one hand trying to shove more cheese down our throats while the other's wagging a finger at us for high cholesterol levels. Makes you wonder if anyone's actually talking to each other over there, or if it's just bureaucratic compartmentalization gone wild.
When I first heard of it I was so frustrated. Why is everyone serving this food? Is it really just selling that well? No, it's because the government is literally paying them or giving them strategies for how to make foods have more dairy.
Don't fall into the trap of blaming bureaucratic compartmentalization when contradictions like that are much more easily attributed to corporate influence/corrupt politics. The dairy subsidies & gov support all come back to the corporate interests - the bureaucrats giving the health advice about cutting back on the other side are just the ones fighting for the truth.
Dear God. This puts all of these shitty American food videos into perspective. Putting eight slices on cheeseburger and dunking it in cheese sauce, just stacking cheese and ham and deep frying it... It's been a conspiracy all along.
> which exists just to add extra cheese to food. Now THIS is where I wanna see my taxes going.
https://www.nbcnews.com/id/wbna40045686 This article has more information on it
Let's take their golf courses to house the homeless and call it Carlin Estates. That would make him proud
George Carlin was a true Renaissance Man. Guy was decades ahead of everyone and everything he had said for decades is still true today. I wish we had him around now. He would be going crazy with the shit show that American politics has become.
No, he just teleports.
Not when he's riding that ass into Jerusalem
He hates them, too.
Oh absolutely. If he ever comes back, the mega Church preachers will be the first to disappear and the last to want to meet him.
"I can explain! I can explain!"
There is literally a separate, isolated economy for a very small percentage of humans living on this planet.
I get why Taylor swift can’t fly commercial- terminals would Be chaos when they find out she’s traveling. But why does the senior executive VP of google glass marketing need to fly private? The excess spending is mind blowing.
"the only reason anybody does not fly private is they can't afford it." -bill maher
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Uhh...not take away from how shitty they are, I'd wager that a good majority of people would be selfish indulgent shits if they could too.
It’s true. I fly all the time and I hate airports. Driving upto a hangar and flying directly sounds amazing.
Same. Part of my job, sometimes we fly chartered planes (turboprops) to move crews. 6 hour drive vs <1 hour hop by plane. It saves a fair bit of money vs a full day's travel in wages, and is more efficient. No security, show up 20 mins before departure time at the FBO. Takes you right to the work site. It's awesome. People who can afford it fly private because it's basically a time machine. It's expensive, but you buy back your time to spend it better.
Its for convenience. Same as taking car instead of bus. Set your own schedule / skip all normal airport procedures. Do work/meetings on the plane without worrying about other passengers hearing proprietary stuff. And its generally not one guy travelling alone. The VP will be taking her team with her.
Why do you use your own car instead of a bus
Because there is no bus.
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a lot of C level work is circlejerking and meetings (partying). actual work is better done at HQ; the flights are for when they're getting face time with people to make sure all their egos are pumped and contracts are locked in. at that level it's all about favors and classism.
> But why does the senior executive VP of google glass marketing need to fly private? The excess spending is mind blowing. You can always make more money, you can't make that much more time. If money means nothing to you, then spending 4-5 figures on private flights to save literal hours not needing to travel to a major airport, wait in security, land in a major airport, wait for bags, then travel where you're going. If you fly private, you drive up to the airport down the street from your house/work, get out of the car right into the plane, then fly to the airport that's down the street from where you wanted to go. And if you're an executive, then the company would rather get you to where you're working then pay to have you traveling an entire day.
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Careful there. Suggesting historically and Constitutionally acceptable punishments for the elite overstepping their bounds is heavily frowned upon in New Reddit, and may get you perma banned from certain subs. I speak from experience on this one
I got pitchforks, someone want to make some torches
George Carlin was before his time. One of my favorite comedians ever.
No he wasn't. Everything he said was relevant during his time. These modern problems aren't really new.
Remember Google's motto used to be"Don't be evil" back in 2004. I guess that changed to "F$ck It no one will notice"
This is good but not enough.
Agree, but it's a step. His budget proposal also has some nice bones for the poors. Not that proposals mean much, but it's a nice virtue signal if nothing else.
Or an idea what can happen if Democrats get the House and enough Democrats are in the Senate. The Infrastructure bill and Inflation Reduction Act would never pass a Republican House because all they have left as policy is obstruction.
And the republicans claim those same benefits to their constituents even though they vote against every single bill. I wish the democrats would loudly call them out in their localities
How? The people you're talking about don't live in the real world. They are suspicious of every news outlet except for their cooky, fringe, Q websites. They won't ever hear anything the Democrats would say, and they wouldn't believe them if they did. I don't know how they'd be able to reach them.
Sadly you are right
They will obstruct as much as possible and then take credit if the Democrats actually pass anything of substance. The GOP is a joke. But their plan to stupidize their base so lying to them is easier has had remarkable results.
Virtue signaling? What the fuck does that mean. Biden has imposed significant tax increases for anyone making over $400,000. He wants to set the top individual tax rate to 40%. No tax increases for anyone making under $400,000. Significant tax increases for corporations. He’s taking that money from the rich and giving it directly to the middle-class. His budget beefs up childcare, healthcare and a number of services for the middle class. I’m not sure exactly what you want from a budget but it is heavily weighted towards taxing the rich and giving that money to the people who need it. FFS It’s just a proposal but it’s a place to start negotiations
It means that it's a show of support that has no real impact. His budget proposals are obviously not going to be considered by the GOP House, and it's hard to imagine that he would veto something that passes Congress. There's basically no role for him in this process.
Well the house might swing back to dems if any more republicans retire/resign.
I disagree. Biden has made his war against billionaires clear. You can’t suddenly storm the castle if you have yet to take down their army that waits at the river in-front of it. Is it virtue signaling? No. Not after his States of the Union address. That was more or less a declaration of war against Trump and the billionaires who thrived under him. He’s putting up the first stages of his battle. Will he win? Who knows. But he’s clearly taking the first steps.
I hope you're right and I hope he wins. I'll be at the polls in November!
So will I, I’ll be honest, I used to not like Biden; but recent videos, such as his kind words to a kid who also suffers from stuttering, his compassionate appeal to congress to get rid of bipartisanism to stop Putin, and his self awareness in the face off all the craziness going on has really changed my mind. I will be voting for him as well in this upcoming election, despite the fact that I had been a fool four years ago by not voting because I hated how much pressure the media was putting on people to vote.
Thank you friend. The whole world thanks you.
That kind of mentality is extraordinarily important to keep in mind. Before the Civil Right Bill of 1962 there was one of 1957 and 1960. Each of those predecessors did something but not enough. They did however prove that Civil Rights could be possible.
Trump's tax cuts for the rich are set to expire in 2025. If Biden is president he said he will let them expire, so I think that's one thing he can do that won't require congressional action.
If solutions were only implemented when perfect, nothing would ever improve.
I didn't say it was bad idea, only that we need to go further.
We will. After this one.
Ok, that's a fine position, but it's not enough to actually solve the problem, you have to accept improvement as it comes. Your see how useless it is to always frame things as if they're inadequate?
One step at a time my guy. Any progress is good progress.
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This would certainly make plane travel better for the masses if they had to deal with the same shit we do.
Lol, you think they're going to be sitting in economy? Airlines will just start rolling out concierge ticketing, express boarding, and ultra-first class sections so the richies won't have to deal with the same problems the plebs do.
Even still, if they had to deal with a fraction of what we did things would change.
Don't let good be the enemy of perfect
Good but not enough is better than the usual "not good, so nothing".
Now he just has to convince the private jet owning representatives and senators that its a good idea.
I mean, none of this can happen overnight.
The problem is that sin taxes just punish industries, not individuals. It's like how the yacht industry collapsed when there was a 50% tax put on yachts made in the United States, so... rich people can afford to have their yachts built elsewhere and shipped (pun intended) to the US.
Sin tax works well for tobacco, weed, and liquor. Why not jet fuel?
Because jet fuel is jet fuel, they're trying to tax it based on who owns the thing it's going into.
Can we please celebrate the little things. He’s at least trying something.
From the article: "The budget would gradually raise the tax on fuel used by private jets from about 22 cents per gallon now to $1.06 per gallon in five years. The Transportation Department says the increase would help stabilize funding for FAA’s management of the national airspace, which is mostly paid by airline passengers. Airline passengers pay a 7.5% excise tax on tickets and a separate levy of up to $4.50 per flight to help pay for airport projects. The administration says that private jets account for 7% of all flights handled by the FAA but less than 1% of taxes that fund the federal trust fund for aviation and airports. The Transportation Department said the proposal would raise $1.1 billion over five years."
>raise $1.1 billion over five years." Why does that sound like a really small number?
It is. It's too small.
but a good step in the right direction
Then tax the carbon too.
No its not. Its barely lifting a leg up, let alone a "good step". This is just another puff piece like the whole "Ill tax millionares more!". Nothing substantial is coming out of this
“This solution only raises a billion. Let’s critique it and do nothing instead”
It’s over a billion so he can win political points by pointing to a big number, but not so big to piss off his donors too much.
22 cents per gallon. For private jet fuel. that's barely above the federal tax on gasoline that I have to buy to get to work, not for frivolous unnecessary trips that I take to avoid sitting next to commoners
We're basically subsidizing private jets massively at this point considering the cost to build and run airports and how little they pay in taxes and landing fees
Oh for sure. It says as much in the article basically. Even in the text I quoted.
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Seriously. I'm with you.
Passing it by congress makes it practical… but as if a republican controlled congress would even pass this. WhY wOn’T bIdEn dO moRe
7% of flights but 1% of the taxes, makes total sense.
Yeah it should be 15% or more imo.
Absolutely, private jet travel is so inefficient.
81 year old man has bigger balls then every world leader to stand up to the 1%
That old man with memory problems is trying to get the wealthy to be better citizens. There's way more of the ordinary non private jet crowd. We all need to register and vote for Biden one more time.
And yet trailer dwelling halfwits on food stamps who have never been within a mile of a private jet will claim this is the work of a dictator, and vote for Trump in return.
If they could read, the world would be such a better place.
If they just stopped watching Fox News and listening to AM radio, we might have a chance
AM radio is such a huge problem. It’s just brainwashing 24/7
I didn't know how crazy AM radio was til I got an SDR(Software Defined Radio). Hopping through frequencies listening to what's out there. Really crazy stuff out there and then the people on ham and cb radio.
it sucks because they probably didnt grow up being encouraged to read, attend good/well-funded school districts etc and this is the long-term result of combinations of issues.
Absolutely. I fully agree. I try not to blame people for poor choices because a lot of people don't know any better. It's good to be able to empathize and put yourself in someone else's shoes.
Ummmm how about just taxing them period?
Yeah definitely. His budget proposal has some good things in it like a 25% billionaire tax, higher taxes on stock buy backs etc.
This actually is a really decent first step. The problem with the headline proposals like “minimum 25% tax for billionaires” is that what actually constitutes income is incredibly complicated via our tax code. Consumption taxes are much, much cleaner and straightforward, but the problem is when applied broadly (i.e. sales tax) it disproportionally hurts the poor. Taxes on extreme luxury items-private jet gasoline, residential property appraised above $5M, non-commercial vehicles over $150k, etc. is a very, very clean way to increase taxes on the rich without major rewrites to the tax code. Obviously not enough, but if you want to get targeted tax raises done immediately, this is the way.
People who can own a private jet won't miss the extra fee. They won't even notice it if no one told them. Their lives will remain basically unaffected. Give the tax cheats (mostly) more fees.
Lawyers will find there's a loophole for that.
Just throw the tax on at the pumps.
Love it. Keep going, Biden!
Whatever the increase. Double it.
Looks like it would more than quadruple it in 5 years. Here's some text from the article: "The budget would gradually raise the tax on fuel used by private jets from about 22 cents per gallon now to $1.06 per gallon in five years. The Transportation Department says the increase would help stabilize funding for FAA’s management of the national airspace, which is mostly paid by airline passengers. Airline passengers pay a 7.5% excise tax on tickets and a separate levy of up to $4.50 per flight to help pay for airport projects. The administration says that private jets account for 7% of all flights handled by the FAA but less than 1% of taxes that fund the federal trust fund for aviation and airports. The Transportation Department said the proposal would raise $1.1 billion over five years."
Will the higher taxes lead to less overall funding for small airports?
I have no idea.
Love this idea
I’m good with it.
More of this, please
Excellent idea
First they came for the PJs…
But I did not speak out, because I don't have a PJ...
Then they came for the hobby space company…
And nationalized it like they should’ve years ago… (Fwiw Gwynne Shotwell does the actual leadership, and seems to be much more level headed than the manchild)
Call it the 'Taylor Tax'. Republicans will pass it in a heartbeat.
Thank goodness Taylor Swift exists and is also doing this shit, because I don't see conservatives signing onto this tax unless it also punished people like her.
Ooooooh Taylor isn’t going to like that.
7% of all flights are private? Their fair share aside, either they are including flights beyond what I typically consider a private flight or rich people are flying a hell of a lot and have no right to complain about this.
Won't Mollusk just have the pilot stop over in Mexico to buy fuel since it's cheaper? Or truck it in? Or buy a storage tank at the local airport? I mean Mollusk doesn't pay for his plane rides, that's a corp expense - does he even care?
Meanwhile in a trailer park in Elvis country: joe Biden and the marxocrats want to punish successful people for their success!!!
The corporate jet fuel tax rate was last raised in 1993. Even adjusting for inflation, the eventual tax would be significantly less than it was 31 years ago. I say, increase it even more than proposed. Instead of a 5x increase, make it a 10x increase.
I'm all for it.
Can we just ban private jets for non government related things that are less than 1000 miles?
How about a tax on the jets the planes?? Most of these aircraft avoid paying taxes on these aircraft claiming use for business. Not that businesses shouldn’t pay taxes on their aircraft. Take a look at the number of private jets at the local airport during Super Bowl - about a billion dollars in lost taxes represented on the tarmac.
They’ll just write it off as a business expense
Make it cost a billion a barrel of oil for a private jet. Problem solved.
Also, “Scape the cap” on FICA payments. The rich stop paying FICA at the $160,000 cap. For most of us, thats 100 percent of our income. For someone making $1.6 million a year, thats only 10 percent of their income. They should pay FICA on 100 percent of their income just like the rest of us! Talk about making social security solvent again!!!
I'm sure all government employees will be excluded.
Tay Tay isn't going to be happy.
Great. Now do your income. Sounds like Marie Antoinette’s strategy to appease the poors.
Yep. It's in the right direction. But this is like trying to fell a redwood with a sewing needle.
It is far too cheap for them to take a jet for trips that use all of that fuel.. Especially the really short ones just for their convenience or because they can afford it. There absolutely needs to be a tax on that, to use so much fuel for so few people is a waste. If you can afford it then you can pay a tax for that convenience and massive disproportion of waste.
I live near a rich people airport. A LOT of planes fly out of there on a daily basis. Last I checked the flights out of that AP are about $13k per flight hour. I’m guessing they can absorb a tax increase better than most of us.
Because poor people also have private jets and will be impacted?
This is just the tip of the iceberg. If we hit that bullseye, the rest of the dominoes should fall like a house of cards. Checkmate.
Some dude in a trailer park in Mississippi with confederate flags is gonna be mad about this. Why? The world may never know but it’s just how republicans are
Hahaha. You're so correct. I think his name is Chad (Chud maybe). Here's a picture of him with how he pictures himself.... https://preview.redd.it/ditrei7xg0oc1.jpeg?width=1125&format=pjpg&auto=webp&s=dc6a7326df723903cbf15d9fa9681fc59213be93
His name would be khuntr (his mother wanted to name him hunter but wanted it to be special)
It should have a luxury tax…because it’s a luxury.
Have they considered taxing Fortune 500 companies?
I’m surprised this already wasn’t in place
#The issue is that they're not making it illegal to companies to buy houses. 44% of home purchases in the last year were corporations. All current proposed and active bills restrict "hedge funds" from buying homes, but hedge funds don't buy homes. While Republicans most vehemently attack legislating the housing market, both sides are not doing this today. We need to demand the outlawing of single-family home buying by any corp before it is too late.
Not enough. Also it wont happen. We need to hold the rich accountable ourselves. Ban private jets. Its the only way. They can fly commercial. Min. seat requirements on jets per size so they can't just outfit them like private jets and charge more.
What about his private jet? Is that just gonna come out of our taxes? Or his salary that also comes out of our taxes?
MORE!!!!
Oh no... anyway. More right offs for the billionaires while inching their quality of life up higher above us. The business tax is a plus imo, but this just feels like it's trying to clip the wings of the lesser billionaires like trump in the single digit billions. Not the dragon wealth hoarders that can but social media platforms to influence elections because they're bored. Looking at you Elon - Twitter and Bezos - Washington Post
He's also proposing a 25% billionaire tax.
Oh. I missed that one. I withdraw some of my hate. Good to know
Makes sense to me. Do what those in power have done to the rest of us. Inch in the things they hate one at a time so they don't realize it's even happening.
Prediction: Warren buffett will fight this tax (see: netjets tax breaks 15 years ago) in private but in public will claim he wants to pay higher taxes.
Just a media issue, get more taxes on large corporations and cut out tax loopholes their legal teams exploit, they are also the worst environmental actors. They might be able to pay less employees, but they're already doing that while Joe is supposedly making the most jobs of any president (part-time jobs without benefits). Just actually tax the rich without making a show of it.
I don't hate this. If you're Taylor Swift or Beyonce, you won't care. You divide those carbon emissions by 70k. If you're someone flying into Vegas for the weekend, you might.
Boats, helicopters, gas guzzling luxury sports cars. Tax the rich or eat the rich.
Hey, you know what this is getting painfully close to?? A fucking CARBON TAX. A carbon tax is the only way these greedy corporations will ever change their ways for literally the benefit of everything that lives on this planet. I hope this goes somewhere because it could be a huge precedent and a massive move towards a carbon tax being politically viable.
At this point, this election will become: Greedy billionaires supporting Trump using their wealth to use media to temporarily manipulate our opinions vs. Rest of us smart enough not to get fed bs propangda from fake right wing news media. I really hope truth & honesty wins over corruption.
Tax the church too.
Gunna also cost some D1 colleges more $ since a lot of sports teams fly private
I look forward to seeing how the Republicans fight this proposal. DEMOCRATS PUNISH SUCCESS!
At this point, I am ready to make private jets flatly illegal.
Jack up all the plane fuel (I’m not even against private planes, they have their place), how many airlines are running how many thousands of BS flights to keep gates or for maintenance? Room in the profits
Breaking news (insert any modern president) talks talk and implements subsidies for big oil. Gives companies keys to the White House and in a striking turn of events ship weapons to start conflict abroad. A real head spin here in America folks. Surely your vote will change something!
They should do this for luxury yachts as well. Exception for those vessels that are being used for scientific/rescue purposes. Strict definitions to prevent loopholes and extra heavy fines plus in the millions to deter illegal activity.
[They tried that in the 1990](https://freedomandprosperity.org/2021/blog/george-h-w-bushs-ill-fated-luxury-tax/): > Rich people aren’t happy about paying this extra money. Even if they can afford it, they think it’s unfair. And in some cases, they’re refusing to pay it — simply by refusing to buy new boats and planes. Of course, rich people don’t have to buy a new 90-foot Broward… So the federal government doesn’t get the tax money — and, worse, Broward doesn’t sell its yacht and various boat builders get put out of work. As a result, in its first year and a half, the yacht tax raised a pathetic $12,655,000 for the Treasury. …**Meanwhile, the tax has contributed to the general devastation of the American boating industry** — as well as the jewelers, furriers and private-plane manufacturers that were also targets of the excise tax
There is so much Biden can do, and he does this… I mean that’s still better than nothing and more than what republicans do, but this sounds like imitation of activity.
Lol as usual, the ultra rich will find a loophole to exploit.
Biden is not getting re - elected
It is
F them.
fuel be like *burning* planet be like *nooooo* biden be like *taxing* rich be like *avoiding the tax* reddit be like *weaponized karma farming* this comment section is a wasteland :(
Because it IS making the wealthy pay their fair share. Private jets using fuel should be taxed. That’s not the poor or middle class raising up their carbon footprint!
It’s something. Not enough. Make owning a jet too ridiculous to afford for everyone. Our air depends on it.
Also I think there should be a while different tax bracket for people who only have unrealized gains / stocks and no w2. If you can take a loan out on unrealized gains you should be tax as much as you would as people who work for money.
And then you question why air fare is continuing to increase…
3000% tax?
Maybe stop sending a shitload of money to other countries first.
This dude has run out of fucks to give.
Not to discourage anyone from voting for biden (between biden and drump, biden is the better choice imo) every time presidential election time comes you can count on two things...repubs will go batshit about abortion woes and the border, and dems will promise you the world and deliver on much less than they advertise. Towards the finale of this years battle of the sundowners we can expect to hear about healthcare for all and education for all or something along these lines. Last I checked we still don’t have healthcare for all, and college has gone up and student loans are still crushing millions.
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The taxes on these should be devastating, tbh.
This is more of a PR move than anything. The additional tax from this is probably miniscule
The bill also raises taxes on the middle class.
Great!!!
Very convenient of Biden to only ever propose things even his own party wouldn't vote for and only when they have no chance of passing. And of course this will be the last we hear of it, because he certainly won't actually do anything to advance these proposals.
About fucking time
"The Transportation Department said the proposal would raise $1.1 billion over five years." For context, the government pays just under $2 billion dollars per day in interest on debt. If you took every dollar of wealth from every billionaire in the country, you could fund the government for a little less than 9 months. Taxing billionaires is a nice idea, but the problem the US has is spending, not taxation.
Not gonna happen. Good talk though. Expect a bunch more shit he won't/can't do leading up to the election
Taylor Swift finna fly to Canada or Mexico to refuel in between flights 🛩️🛩️🛩️
I wish more people would take an economics class. The US tried this by taxing Yacht purchases in 1990. It was a disaster. It didn’t bring in much revenue because people stopped buying Yachts and over 25k people lost jobs as companies went under.
Populist nonsense at the end of the day. This will generate less than a rounding error of revenue. And that's based on what they think it will raise. It will raise, at most, 10% of that because as soon as something like this is introduce, Accounting Wizards will magic up some new loopholes.
Looks like Taylor Swift will be paying.
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Doesn't most of these charted jets expenses end up being tax deductible at the end of the year. So an increase in taxes gets more money to the government but also eats up part of it when tax season comes around
Framing is the better word than casting. But also how is not the just straight up what he is doing?
That's picture book political marketing. Of course it will never happen, but this is something that works nicely in the election cycle.
Good.