Prospect Heights, IL, Mayor Questions Obama Position On BizAv | Aero-News Network
Aero-News Network
RSS icon RSS feed
podcast icon MP3 podcast
Subscribe Aero-News e-mail Newsletter Subscribe

** Airborne 11.21.14 ** HD iPad-Friendly -- Airborne 11.21.14 **
** Airborne 11.19.14 ** HD iPad-Friendly -- Airborne 11.19.14 **
** Airborne 11.17.14 ** HD iPad-Friendly -- Airborne 11.17.14 **

Wed, Apr 03, 2013

Prospect Heights, IL, Mayor Questions Obama Position On BizAv

Chicago Newspaper Publishes Mayor’s Questioning Of White House Business Aviation Rhetoric, Proposals

The mayor of a Chicago, IL suburb lent his voice recently to the others signaling support for business aviation, in light of claims put forth by the White House and its supporters concerning tax policies for business aircraft.

President Obama has repeatedly called for altering the tax-depreciation schedule for non-commercial aircraft purchases from five years to seven years, a move the White House claims would raise approximately $3 billion in revenue over the next decade to help reduce the deficit.

Responding to a March 5 op-ed in the Chicago Tribune favoring the altered schedule, Prospect Heights, IL Mayor Nicholas Helmer countered in a March 30 letter to the newspaper that repeated calls to change the schedule are “one particularly confounding example” of policies that would be “hugely detrimental to the general aviation industry as a whole.

“Not only has this depreciation schedule been in place for 25 years and is consistent with other business investments, but further taxing these aircraft would be extremely harmful to the businesses, farms and charitable groups around the country that rely on these aircraft,” he wrote.

The mayor's response was only the latest in a series of statements from NBAA and other general aviation groups, congressional lawmakers, small business proponents, labor leaders and even media outlets questioning the administration’s characterization of business aviation, and rationale in pushing for the altered depreciation schedule.

“Both parties in Washington need to get serious about addressing our nation's long-term debt crisis,” Helmer’s letter concludes. “However, while vilifying an American industry that is responsible for millions of jobs may score quick political points, it will have many long-term negative consequences at a time when we need to do everything we can to help our nation's businesses to recover.”

FMI: Read the Letter, www.nbaa.org

Advertisement

More News

Barnstorming: FAA -- The Original EPA

The Governmental Death By 1000 Cuts Continues... Guest Editorial by Rich Davidson, Grass Cutting Administrator At Lee Bottom Flying Field/API Advisory Board Did you feel that Aero->[...]

Airborne 11.21.14: AEA's 3Q/14 Report, Fantasy Of Flight, Modernizing The NAS

Also: Holland Wants Gold, FAA Strangling UAVs?, RAF WWII Trainer For Sale, Bf109s Live, Georgia v Aerospace Engineers The Aircraft Electronics Association has released its third-qu>[...]

Aero-TV: Lessons Learned -- Reflecting On Mark Baker’s First Year At AOPA

A No-Nonsense Q&A With AOPA Boss, Mark Baker ANN CEO and Editor-In-Chief, Jim Campbell sat down with AOPA’s President, Mark Baker to discuss his first year at the job and>[...]

AD: Agusta S.p.A. Helicopters

AD NUMBER: 2014-23-02 PRODUCT: Certain Agusta Model A109E, A109K2, A119, and AW119 MKII helicopters.>[...]

ANN's Daily Aero-Linx (11.22.14)

Baja Bush Pilots The Baja Bush Pilots organization was started by Arnold Senterfitt, author of the book "Airports of Baja and Mainland Mexico".>[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

© 2007 - 2014 Web Development & Design by Pauli Systems, LC