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[–] 18 points 11 months ago (1 child)

And let me tell you how this works with cars. With planes it is the same, except that the savings are even better.

A real rich person owns no cars. He owns a car sales company. That company has a few select cars, which the rich person can "test drive" whenever they like. If the prime time of a car is over, the car is sold and a new one is bought. The car sales company pays for everything: purchase, insurance, taxes, fuel, cleaning, etc. Of course, this company does not make any profits. On the contrary. So the rich person pays for these losses, and those payments are tax deductable.

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