Flashback 2009: Corp Tax Breaks for Jets

Posted by courage On June - 30 - 2011

Truth is a strange thing.  Need I remind anyone who controlled Congress and signed into law the Stimulus package?

From the Washington Examiner:

During President Obama’s press conference today, he scolded Republicans for demanding tax cuts for corporate jets.

From the Associated Press in 2009:

Just a few months after lawmakers scolded auto executives for flying to Washington in private jets, Congress approved a tax break in the stimulus package to help businesses buy their own planes.

The incentive — first used to help plane makers recover from the 2001 terror attacks — sharply reduces the up front tax bill for companies who buy assets like business planes.

Ace of Spades has an appropriated titled post “Obama’s Absolutely Unbelievable Press Conference” to read a further breakdown on the political posturing of Obama during his press conference.

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