Deduct. And the USA is taking the world in completely the opposite direction from where it needs to go.
this post was submitted on 27 Nov 2025
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It would be nice if we could deduce them.
Finally! Do you have an idea how expensive those things are and how much my wage slaves must work for that?
The cost ranges from $30,000 to over $100M
The law, in its majestic equality, allows rich and poor alike to deduct private jet expenses from their taxes.
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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
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.
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Certainly a bigger problem is how someone who can afford over $1M private jet would be in only the 35% bracket
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Buy two! Save double!
Gross.
YSK that eating the rich is a nutritious way to redistribute wealth
Way too much fat
Don’t eat shit, mulch the rich.
Valuable mulch.
I don't think that word means what you think it means.
indeductable!
Great deduction!
You allowed this before proper health care because that's Socialism? Communism? Gay?
To be fair, America has the best aviation infrastructure in the world, and it is almost entirely socialized. So we do socialism sometimes
Financial obesity is an existential threat to any society that tolerates it, and needs to cease being celebrated, rewarded, and positioned as an aspirational goal.
Corporations are the only ‘persons’ which should be subjected to capital punishment, but billionaires should be euthanised through taxation.
I like the that term. Just like obese personality for people who need large cars or are excessively loud.
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deduce private jet expenses
I can deduce it right from a receipt, if they give you one.
Thank you, government. That is really an improvement of my life!
Ah, and only 90% of gambling losses. Looks like another point against the poor.
Not that I’m condoning gambling, but, weird how those things impact polar opposite sides of the wealth gap.
In my experience, poor people gamble a lot. I've never seen a rich person buy a lottery ticket
That’s the point. Poor people gambling can’t write off their losses on taxes. Well, they can, just only up to 90%. Rather than all of it like it has been.
Pretty sure poor people don't have enough money to hire someone who can write off losses
Anyone can write off stuff on their taxes. It's pretty easy actually.
I'm always terrified to write stuff off because I fear I will accidentally write something off that I'm not really allowed to due to some obscure legalese and then I will get audited in 5 five years and owe 10 grand in late fees and interest or some shit.
I too get nervous every time I do my taxes but I figure if I'm honest about it they'll forgive most mistakes
In most countries for average people if you can make a convincing argument about why you thought it would be allowed and can argue it with a straight face they arent interested in nailing you over it because it isnt worth their time.
I asked my accountant "Hey, when I take sick leave at work and I have to get a doctors certificate to get paid for those days, does that make the doctors visit a work expense?"
He said "Thats a legitimate enough argument that if you want me to I'll put them on your return. Dont know if it would pass an audit but the reasoning is solid"
It’s not too bad as long as you’re not a dick about it. One year I marked myself as head of household instead of single. I’m not even sure why I did it. I only thought “huh, this saved a lot on my taxes”, and really had no idea what I was doing. They sent back a correction and how much i owed. I paid and that was it. Not scary at all.
Of course in today’s world all about spite and punishment I could imagine it being much worse
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It’s not hard to file taxes. Especially for an individual, with a normal W2 income, and not much else. Certain people try to make it hard, but it’s not.
I don’t need to pay someone to put a number on a form.
Most poor people probably just take the standard deduction anyway. It's not like they have enough money to accumulate a large amount of deductible expenses anyway. Possible exceptions might be large medical expenses or a mortgage.
The rest of the world: nah, its insane and difficult that you have to file taxes
They don't make enough to itemize in the first place, they'll just take the standard deduction. (Unless they lost like $20k on scratchers somehow)
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rich people gamble plenty, they just call it investing and get way more tax write offs for doing so
Wait, if you buy a 10 dollar scratch card, you can deduct 9 dollars from you income for tax purposes?
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I am pretty sure this isn’t new. Air travel is like any other business travel expense, and plane are an expense like a plumbers van is..
My plumber's van has two hot stewardesses.
Plumbers actually need their vans to get their stuff around but for these business people there’s no real reason they can’t fly in a normal plane like everyone else. They can fly fancy, but this whole private plane nonsense is comepletely absurd.
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Yeah, I was going to say I deducted airplane expenses for a client for twenty years
We couldve been a flight based country instead of cars if we went in another direction, when we had more pilots than planes
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