Senator Edward Markey (D-MA) has just introduced legislation to significantly boost excise taxes on private jet fuel. Representative Nydia Velasquez (D-NY) has introduced complimentary legislation in the House. The colorfully named “FATCAT Act” (standing for Fueling Alternative Transportation with a Carbon Aviation Tax) would hike fuel taxes on private jets from the current 22 cents More

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» Tax the Fat Cat Private Jet Class, Invest in Green Transit | Chuck Collins | radiofree.asia | https://radiofree.asia/2023/07/24/tax-the-fat-cat-private-jet-class-invest-in-green-transit/ | 2024-05-05T15:03:21+00:00

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