Wed, Mar 13, 2024
Aero-News: Quote of the Day
ANN's Quote of the Day usually derives from current news, though we reserve the right to pick quotes out of history that have a bearing on the day's events and issues.
Sometimes, you'll find them timely and in keeping with the content of the day's news... and sometimes, they'll just be thought-provoking.
Reader suggestions and comments are welcome... and if particularly intriguing, timely, or poignant, may themselves become future Quotes of the Day.
Let us hear from you, folks!
Aero-News Quote of the Day
“During last week’s State of the Union address, President Biden spoke passionately about our country’s freedom, future possibilities, and job growth—all attributes fostered by our essential industry. Rather than singling out general aviation, the Administration’s first priority should be creating and preserving an environment in which aviation continues to facilitate business growth and contributes to the national economy. NATA opposes such an increase in fuel taxes for these private, noncommercial operators. In addition, we are concerned that the Biden Administration is failing to account for the billions of business aviation tax dollars that are diverted from the Airport and Airways Trust Fund (AATF) into the Highway Trust Fund (HTF). Such diversion weakens the National Airspace System and could place the safety of the industry at risk. Unfortunately, the Biden Administration is proposing a tax increase it mistakenly believes will benefit the national
aviation system. This is not the case. For nearly two decades now, Congress and the IRS have failed to address provisions in the tax code that allow for the HTF to erroneously keep billions of aviation tax dollars that were intended for the AATF,” added Castagna.
Source: Statements from NATA, in opposition to the President's attack on BizAv and GA, during the recent disappointing State of the Union address.
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