The PC-12 is a turboprop, not a jet, though.
It’s a leech hauler alright, but not a jet.
Comment on YSK that americans can now deduce private jet expenses from their taxes
ButtermilkBiscuit@feddit.nl 22 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
The PC-12 is a turboprop, not a jet, though.
It’s a leech hauler alright, but not a jet.
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.”
Lemmutts love speaking authoritatively about things they don’t actually know.
It was a quote from the article. Your complaint is with Boomerang, not the guy quoting them
Buy two! Save double!
AA5B@lemmy.world 3 hours ago
Certainly a bigger problem is how someone who can afford over $1M private jet would be in only the 35% bracket
HeyThisIsntTheYMCA@lemmy.world 2 hours ago
I’m out of the loop did they get rid of 39%?