Private Jets Ownership Now Tax-Advantaged
Why the Big Beautiful Bill’s Private Aircraft Subsidy is the Green Light for a New Era of Travel — And How Boomerang is Making It Happen
Private aircraft ownership has never been more achievable – and now is the time to act. With Donald Trump’s landmark Big Beautiful Bill ushering in unprecedented
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.
Nope, you’re the only one who knows what’s going on!
I was repeating the number from the person I replied to - it did cross my mind that there’s a higher bracket, but I took the number - the existence of one more bracket doesn’t really change anything. Why do the brackets end when there are so many people so much wealthier? While I understand wealthy people tend to get money through other types of income, and that’s an even bigger issue, we should have more brackets. It seems like everyone agrees to have a partly progressive income tax (disregarding other types of income) with brackets so wealthier people pay a higher percentage, it shouldn’t end at what may be considered the lowest income of the wealthy.
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” interchangeably with “jet.”
I’d expect this is applicable to helicopters as well, though they have a different usage.
Edit: I looked it up and apparently helicopters are not included. The distinguishing feature is “fixed wing” aircraft.
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
Certainly a bigger problem is how someone who can afford over $1M private jet would be in only the 35% bracket
I’m out of the loop did they get rid of 39%?
Nope, you’re the only one who knows what’s going on!
I was repeating the number from the person I replied to - it did cross my mind that there’s a higher bracket, but I took the number - the existence of one more bracket doesn’t really change anything. Why do the brackets end when there are so many people so much wealthier? While I understand wealthy people tend to get money through other types of income, and that’s an even bigger issue, we should have more brackets. It seems like everyone agrees to have a partly progressive income tax (disregarding other types of income) with brackets so wealthier people pay a higher percentage, it shouldn’t end at what may be considered the lowest income of the wealthy.
Edit: 37%
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” interchangeably with “jet.”
I’d expect this is applicable to helicopters as well, though they have a different usage.Edit: I looked it up and apparently helicopters are not included. The distinguishing feature is “fixed wing” 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
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