05-02-2008, 12:50 AM
[quote JoeH]> How does it cost the other candidates and taxpayers money? The jet is owned by a family member and he is still paying first class rates to use it. As best as I can tell he is not asking for handouts to pay for it.
The costs of operating the plane are written off as a business expense. That reduces the company profits, and also taxes. I doubt the 1st class rates cover more than a portion of the costs, so in essence all other taxpayers end up subsidizing the campaign.
I don't pretend to know the tax regulations regarding the plane usage, but don't taxpayers subsidize all campaigns?
The costs of operating the plane are written off as a business expense. That reduces the company profits, and also taxes. I doubt the 1st class rates cover more than a portion of the costs, so in essence all other taxpayers end up subsidizing the campaign.
I don't pretend to know the tax regulations regarding the plane usage, but don't taxpayers subsidize all campaigns?