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What an annual....



 
 
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Old February 15th 07, 10:36 PM posted to rec.aviation.owning
dave
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Posts: 68
Default What an annual....

A 250% increase in the tax is substantial. The increase per gallon
would be around 15% - also significant.

I suppose you have the means to not worry about these increases and
that's a good thing but many pilots don't. Those kind of costs will
definitely put a damper on how many hours pilots can fly. Would taxes
at those levels also impact autofuel users?

Dave


Paul Tomblin wrote:
Read it again. That's 70 cents per gallon TOTAL, not additional.

Sec 901. Modifications to Tax on Aviation Fuel. Subsection (a)(1) sets the
tax rate for aviation gasoline to be 70.0 cents per gallon starting on the
transition date.

What is is now, about 20 cents? So yeah, it will be more expensive than
it has been. What isn't?

 




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