• ButtermilkBiscuit@feddit.nl
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    13 hours ago

    For example, a $3 million aircraft purchase – of America’s favorite business jet, the Pilatus PC‑12 – could potentially lower your tax liability by over $1 million if you’re in the 35 % bracket. This isn’t just savings; the Big Beautiful Bill private aircraft subsidy offers financial strategy at its finest. You can read more about the tax benefits of private aircraft ownership in our special report here.

    Thanks magats

      • EndlessNightmare@reddthat.com
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        2 hours ago

        The distinction isn’t relevant to the point being made. Although the article title says “jets”, the body of the article uses the more generic “aircraft” interchangeably with “jet.”

        I’d expect this is applicable to helicopters as well, though they have a different usage.

        Edit: I looked it up and apparently helicopters are not included. The distinguishing feature is “fixed wing” aircraft.

        • Taldan@lemmy.world
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          3 hours ago

          It was a quote from the article. Your complaint is with Boomerang, not the guy quoting them