Private jets have rightfully earned their reputation as symbols of excess. As society’s wealth has concentrated in fewer hands over the last several decades, there has been an explosion in private jet purchases and travel.
With the industry growing at unprecedented rate, the time is ripe to pass U.S. legislation as well. Taxes on private jet travel would impact only a faction of the world’s wealthiest people, while the revenue raised could be used to ensure we have a more environmentally sustainable planet.
In this report, we assess the environmental, economic, and security risks of private jet travel — and lay out tax reforms to offset them
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