President Barack Obama aims at corporate fat cats when he calls for a tax increase on companies that own private jets. But he hits an American manufacturing industry that is just starting to show life after years of slumping sales and thousands of job losses.
Most business aircraft are made in America, and the companies and unions that produce them don't appreciate the president's rhetoric or his plan to raise taxes on private jet owners. They fear that both will hurt sales, costing them even more jobs.
"I think it's just insulting," said Steve Rooney, president of District 70 of the International Association of Machinists and Aerospace Workers in Wichita, Kan. "He acts like it is just a luxury for somebody to own a business jet when they're used as tools. And I don't think he realizes how many people that this industry employs and how much revenue is brought in here from those types of aircraft."
1 comment:
Aw, the poor, poor jet owners. I'm crying huge alligator tears for them right now. Get back to me when they have to decide between paying the mortgage or buying groceries. tax those rich bastards back into the stone age for this kind of whining.
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