U.S. President Joe Biden says he wants corporate and private jet users to pay their fair share by eliminating a tax break that gives them preferential treatment, as well as increasing the fuel tax on private jet travel.A Gulfstream G650 private jet takes off from Los Angeles International Airport as seen from El Segundo, Calif. Proposals in U.S. President Joe Biden's recent budget would have private jet users paying more to fly. U.S.
Chuck Collins, a researcher at the Institute for Policy Studies, says public pressure has been pushing politicians to look closer at the use of private jets. Swedish environmental activist Greta Thunberg takes part in a demonstration by Extinction Rebellion as they protest against plans to increase private jet flights at Farnborough Airport in the U.K. Bolen says these proposed changes wouldn't just affect the private jets of the rich and famous. He calls that a "caricature" of the industry.
Bolen says corporate jets aid in economic development to places that don't have great commercial service, and helps companies be efficient and productive. "But in fact ... especially since the pandemic, it's a lot of people just going to exotic recreation destinations."
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