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2009 Stimulus Includes Tax Break to Promote Private Jet Sales [ Obama wants more corps to buy jets]
Fox News ^ | Feb 18 2009 | AP

Posted on 06/30/2011 2:02:51 PM PDT by NoLibZone

FLASHBACK from 2009-

WASHINGTON -- Just a few months after lawmakers scolded auto executives for flying to Washington in private jets, Congress approved a tax break in the stimulus package to help businesses buy their own planes.

The incentive -- first used to help plane makers recover from the 2001 terror attacks -- sharply reduces the up front tax bill for companies who buy assets like business planes.

The aviation industry, which is cutting jobs as it suffers from declining shipments and canceled orders, hopes the tax break in the economic-stimulus bill just signed by President Barack Obama will persuade more companies to buy planes and snap a slump in general aviation that began last year.

(Excerpt) Read more at foxnews.com ...


TOPICS: Business/Economy; Extended News
KEYWORDS: jets; taxes

1 posted on 06/30/2011 2:02:59 PM PDT by NoLibZone
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To: NoLibZone

For it before he was against it.


2 posted on 06/30/2011 2:04:53 PM PDT by Anima Mundi (If you try to fail and you succeed , what have you just done?)
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To: NoLibZone

More and more I believe Obama has a medical condition that causes him periods of memory loss.

He will never resale his medical conditions. Huge long scares on his skull.

Frequently Obama forgets the names and ages of his children.

Forgets the year and date.

Must read what he needs to talk about.

Something’s up.


3 posted on 06/30/2011 2:06:30 PM PDT by NoLibZone (Be respectful, be courteous, have a plan to kill every flash mob member that threatens you or others)
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To: NoLibZone
...he was for it when....

...they were being made by unions...

...now that SC has opened up...

...not so much...

4 posted on 06/30/2011 2:09:16 PM PDT by cyberaxe (....Uuuummpphhhh.....)
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To: NoLibZone
When I used to fly a lot, mostly late at night, we always wondered what was to stop us from opening the doors on a taxiway late at night in our twin Cesna and let eight passengers scurry off into the darkness to inflict any sort of mayhem? We were hauling cargo, but just sayin.

When Obama says something it's for a reason. I think he wants to have state control of general aviation at the operations level, not just thru the FAR's. Obama hates Fedex in the worst way.

5 posted on 06/30/2011 2:11:59 PM PDT by blackdog (The mystery of government is not how Washington works but how to make it stop)
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To: NoLibZone

Of course, then he can complain about all the jets they have.

Btw, maybe Obama can explain what’s wrong with companies being in the modern age?


6 posted on 06/30/2011 2:12:51 PM PDT by Williams (Honey Badger Don't Care)
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To: NoLibZone

obama wants more cores to buy jets. A medic in the navy is a corps.


7 posted on 06/30/2011 2:14:31 PM PDT by Terry Mross (I'll only vote for a SECOND party.)
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To: Anima Mundi

More confusion from “Dick” Obama! He couldn’t find his ass with both hands and a flashlight.


8 posted on 06/30/2011 2:17:15 PM PDT by vette6387 (Enough Already!)
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To: Anima Mundi

Would that be Corps or Corpse?


9 posted on 06/30/2011 2:19:33 PM PDT by fish hawk (no more Barak "Dick" Obama)
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To: NoLibZone

.....Don’t bother, they’re here.


10 posted on 06/30/2011 2:47:54 PM PDT by Mike Darancette (Pelosi: Obamacare indulgences for sale.)
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To: NoLibZone

But we don’t have one political leader in Washington with the guts to throw this right back in his face.


11 posted on 06/30/2011 3:53:05 PM PDT by Iron Munro (The more effeminate & debauched the people, the more they are fitted for a tyrannical government.)
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To: NoLibZone

President ZigZag is running in circles again. Who will be the first Democrat to suggest that perhaps he’s lost?


12 posted on 06/30/2011 4:00:21 PM PDT by cookcounty (Would someone PLEASE give the President a calculator for his birthday???)
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To: blackdog
"Obama hates Fedex in the worst way. "

As an ex-FedExer myself, I'd be interested why you say so (other than the fact that Fred and John McCain have been pals for a long time).

13 posted on 06/30/2011 4:02:45 PM PDT by cookcounty (Would someone PLEASE give the President a calculator for his birthday???)
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To: cookcounty

FedEx is non-union.
That’s the mark of satan in the eyes of the Baraqqis.


14 posted on 06/30/2011 4:06:35 PM PDT by nascarnation
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To: cookcounty

U be wit mail.


15 posted on 07/01/2011 9:42:34 AM PDT by blackdog (The mystery of government is not how Washington works but how to make it stop)
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