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Keyword: jetownersspeech

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  • Obama Calls People Earning $250,000 a Year 'Jet Owners'

    06/29/2011 1:03:55 PM PDT · by Nachum · 52 replies
    wsj ^ | 6/29/11 | Robert Frank
    President Obama has a new term for the people he wants to tax more: jet owners. In his news conference today, the president said: “I think it’s only fair to ask an oil company or a corporate jet owner that’s doing so well to give up that tax break….I don’t think that’s real radical.” (Courtesy of JetSuite Air) Asking private-jet owners to give up tax breaks may not be that radical. And it probably would be supported by the vast majority of the nonjet-owning voters. The problem is that most of the people that would be subject to the higher...