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Add your name: no tax breaks for private jets

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Tue, Aug 20, 2024 01:00 PM

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The following advertisement from Inequality.org has been sent to you via Mother Jones' email list. M

The following advertisement from Inequality.org has been sent to you via Mother Jones' email list. Mother Jones is a nonprofit, and most of our budget comes from readers like you, but revenue from advertisers helps us produce more of the hard-hitting journalism you expect. We never disclose your information to an advertiser. Mother Jones does not endorse any candidate, political organization, commercial product, or service, and the views expressed in this email do not constitute any endorsement or recommendation by Mother Jones. [Logo for Inequality.org]( [A photo of a man in a suit descending the staircase from a small jet while two others wait alongside, on a cloudy day on a runway. With the words Tell Congress: Tax Private Jets.]( In 2022, billionaire Elon Musk took a private jet flight just about every other day, producing 2,112 tons of carbon dioxide pollution. That’s 132 times more than the average American causes from all sources. Private jets are an absurd extravagance for billionaires and a disaster for the environment. And the rest of us are paying the price -- subsidizing their rides, and feeling the heat from climate change. [Add your name to the Inequality.org petition, calling on Congress to end the special treatment for private jets, and raise the tax on private jet fuel.]( [Add your name]( President Biden’s most recent budget proposal called to close the loophole that allows private-jet owners to evade taxes. (And for what it’s worth, the average private-jet owner can afford it, with a net worth of $190 million!) What’s more, Senator Ed Markey and Rep. Nydia Velázquez wrote legislation to raise the private-jet fuel tax, and use the new revenue to fund clean, affordable public transit. Let's fix this, and ensure taxing private jets is on the top of the agenda for Biden and Harris. [Add your name: tax private jet fuel and stop special tax treatment for private jets.]( The public is with us on curbing this absurd extravagance -- but that’s not enough to make progress in Washington. We need to speak out and make this a legislative priority. Private jets make up 16% of flights, but pay for only 2% of the infrastructure needed (airports, air traffic control, etc.). That means private jet users aren’t paying their fair share -- and taxpayers and commercial-flight customers are picking up the tab for the wealthiest Americans. That’s on top of the tax breaks that billionaires can take for purchasing and operating private jets, thanks to the 2017 Trump tax cuts. Today, the highest-polluting 1% of air travelers are responsible for about 50% of all aviation carbon pollution. And yet the private-jet lobby has helped arrange a system that benefits them at everyone else’s expense. Taxing private jet fuel is a crucial step in challenging this symptom of economic inequality. Add your name: [tax private jet fuel and stop special tax treatment for private jets.]( Thanks for your support, Chuck Collins, for the Inequality.org team All data sourced from Inequality.org's report [High Flyers 2023](. Inequality.org is your portal into the world of inequality online — and ongoing efforts to leave our planet a more equal place. [Learn more and read all the latest at Inequality.org]( Contact us at inequality@ips-dc.org Inequality.org is a program of the Institute for Policy Studies 1301 Connecticut Avenue NW Washington, DC 20036 [Facebook]( [Twitter]( [Mother Jones]( Mother Jones and its nonprofit publisher, The Center for Investigative Reporting, do not endorse any political candidate, political organization, commercial product, process, or service, and the views expressed in this communication do not constitute an endorsement, recommendation, or favoring by Mother Jones. This message was sent to {EMAIL}. To change the messages you receive from us, you can [edit your email preferences]( or [unsubscribe from all mailings.]( For advertising opportunities see our online [media kit.]( Were you forwarded this email? [Sign up for Mother Jones' newsletters today.]( [www.MotherJones.com]( PO Box 8539, Big Sandy, TX 75755

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