you are viewing a single comment's thread
view the rest of the comments
[–] 104 points 11 months ago* (last edited 11 months ago) (7 children)

The law, in its majestic equality, allows rich and poor alike to deduct private jet expenses from their taxes.

  • source
  • hideshow 7 child comments
  • [+] -16 points 11 months ago (5 children)

    To be fair, you don't have to be rich to buy a Cessna 150. $35,000 can get you a nice old one

    Issue is with taking advantage of the tax benefits

  • source
  • parent
  • hideshow 5 child comments
  • [–] 2 points 11 months ago (1 child)

    The cost of the plane is trivial compared to upkeep, hangar rental, fuel, and myriad other expenses.

    Sure, you can buy a plane for cheap, if you plan to keep it at your house somehow and never intend to use it.

  • source
  • parent
  • hideshow 1 child comment
  • [–] 1 point 11 months ago

    That's true for many planes, but not a Cessna 150. Hangars are generally very cheap, if you can get one. Depends on the area, but couple hundred dollars per month. Fuel mileage is comparable to most SUVs and trucks. Insurance is cheaper than car insurance, although maintenance is a bit higher

    I don't own a car, but I do own a plane. It has been cheaper for me than the average American pays each year for their cars

  • source
  • parent
  • [–] 1 point 11 months ago

    Maybe this somehow makes them start manufacturing planes again, remember seeing those homelesss pilot photos when they had a surplus of pilots and not enough planes or ppl taking flights

    Can't find an image on google was "will fly for food" or something like that.

  • source
  • parent