PRO

Where Your Ideas can change Minds

Please visit our new forum at

http://www.4forums.com

CON


YouDebate.com Forum
» back to YouDebate.com
Register | Profile | Log In | Lost Password | Active Users | Help | Board Rules | Search | FAQ |
Custom Search
» You are not logged in.   log in | register

  YouDebate.com Forum
   Tax Debates
     Corp Aircraft Fast Write Off
       Faster Write Off for Airplanes than for Cars?

Topic Jump
Next »
[ Single page for this topic ]
Forum moderated by: admin
    

    
Guest

|     |       Report Post



Newbie
Post Score
Adjustment:
n/a

Rate this post:

Did you know that Fat Cat Corporate Execs are NOT FLYING COMMERCIAL AT BUSINESS RATES, but We are paying for their CORP Airplanes and they fly free!

Yes, Corp Aircraft are Deprec over 5 yrs! A $7.5 million corp jet generates a $1.5 million deduction to Corp Income taxes and if execs use for personal purpose, they only are charged Coach Fare as income. They write the plane off over 5 yrs for Taxes and over 20 yrs for Acctg, because these planes don't loose value!

KILL THIS DEPREC BOONDOGGLE!

Why does a Plumber write off his vehicle over 10 years and the Exec gets a free Ride? NOT FAIR.

Fairness is the basis for taxation without revolt.

Not flying. Tell your congressman you want this changed. It hurts the Airline Industry and sucks $ from Corp American businesses to benefit the Fat Cats.






 


Posts: 0 | Posted: 12:08 PM on January 5, 2003 | IP
Guest

|     |       Report Post



Newbie
Post Score
Adjustment:
n/a

Rate this post:

Congress won't do anything about this as THESE are Their Buddies- These are their Biggest Contributors to their Campaigns.

THE PEOPLE NEED TO TAKE THE COUNTRY BACK

 


Posts: 0 | Posted: 10:11 PM on January 5, 2003 | IP
Broker

|      |       Report Post




Junkie
Post Score
Adjustment:
n/a

Rate this post:

Corporate executive are entitled to use their companies' jets for personal use on ocassion... What's wrong with that? What's wrong with businesses getting some of their money back? Planes get outdated...


-------
Don't tell me I'm conservative...I know that!
 


Posts: 351 | Posted: 10:30 PM on January 5, 2003 | IP
madbilly

|      |       Report Post




Junkie
Post Score
Adjustment:
n/a

Rate this post:

actually planes dont get outdated. The planes used today where mostly made in the sixties and late seventies with the exception of the few 747 and 777 aircraft I wrote a paper on this in one of my classes bc i go to a school of aeronautics. Most corporations do not purchase personal jets they buy a share of a jet and only get fractional use of it. Only a very few people own jets or get use of private jets from there company, you are blowing this problem out of proportion, also these private jets fly deprived children on there trips for free bc they work closesly with the make a wish program and also they fly people who need special medical treatment that they cant get anywhere else. These jets do lots of charity, also many small aircraft companies (such as piper) have always been borderline bankrupt, these companies employ thousands of people and if these execs didnt buy planes then these people would be without jobs. It also helps Fixed Base Operators have a steady stream of work and helps them stay in business bc aircraft require tons of routine required maintenance to remain airworthy.


-------
my name is madbilly....what did you expect me to be happy when my name says Mad in it...
 


Posts: 451 | Posted: 01:46 AM on January 6, 2003 | IP
Broker

|      |       Report Post




Junkie
Post Score
Adjustment:
n/a

Rate this post:

A lot of companies own planes... the bigger ones. Smaller ones buy the shares of a plane.


-------
Don't tell me I'm conservative...I know that!
 


Posts: 351 | Posted: 10:58 AM on January 6, 2003 | IP
Guest

|     |       Report Post



Newbie
Post Score
Adjustment:
n/a

Rate this post:

Well, I know of government contractors using planes and charging the government for their use while actually the planes are mostly used for personal trips to corporate owned condos in Florida which are used to entertain government officials for favorable treatment to these execs company.

Flagrant cheating and this is by foreign born and US educated men.

There are "Takers and Givers" in society. We need fewer Takers who tyically take what is not theirs.

a grown man who's tired of watching these cheats.
 


Posts: 0 | Posted: 10:33 PM on January 7, 2003 | IP
    
[ Single page for this topic ]

Topic Jump
Next »
[ Single page for this topic ]
Forum moderated by: admin
    

Topic options: Lock topic | Unlock topic | Make Topic Sticky | Remove Sticky | Delete thread | Move thread | Merge thread

 

© YouDebate.com
Powered by: ScareCrow version 2.12
© 2001 Jonathan Bravata. All rights reserved.