The Chancellor George Osborne will announce in the Budget a tax on private jet flights as part of a crackdown on tax loopholes, the BBC understands.
I find this unbelievable. This is suggesting that, to now, there is no tax on private jets. Can that really be the case? Does anyone know what the situation is in other countries?
“If you trust in yourself, and believe in your dreams, and follow your star. . . you'll still get beaten by people who spent their time working hard and learning things and weren't so lazy.”
I don't think this is about a tax on the jet itself - I'm sure there is a sales tax both in the UK and here (here there is, for certain).
The article title mentions a 'private jet flight tax'; they are proposing to include private jet passengers in the same taxing scheme that commercial airline passengers are subject to.
From what I could find in the short time I had to research, private jet flights in the US are not taxed in the same manner as commercial flights.
For me, it is far better to grasp the Universe as it really is than to persist in delusion, however satisfying and reassuring.
~ Carl Sagan
