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On Mon, 16 Apr 2007 07:59:03 -0700, C J Campbell
wrote: http://preview.tinyurl.com/35souz http://preview.tinyurl.com/34p9ap Huh. No mention of av-gas taxes in either of these articles, nor any comment on what money-losers other transportation facilities like roads are. Am familiar with a local corporate flight department. They operated 2 mid-size bizjets what the NBAA considers to be the "average" number of flight hours last year. They paid around $65,000 in FET on fuel last year. For the airlines, burning the same number of gallons would be around $12,000 in FET. The really neat factoid is that over half of the $66K was "spent" at the local FBO, which chooses NOT to file as an "aviation end user" or whatever they call it. The way I understand the law (as of October 2005 ?) means that $30K or so in FET went into the federal highway fund. TC |
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