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The PJ Tatler

by
Stephen Kruiser

Bio

February 21, 2013 - 5:11 pm

The party of the rich.

Listening to the White House, you’d think the key to averting the across-the-board spending cuts (the dreaded “sequester”) set to in place on March 1 is closing the tax break for owners of private jets.

Here was White House Press Secretary Jay Carney last week:

“How do you explain to a senior that we’re doing this, asking you to sacrifice, but we’re not saying that corporate jet owners should lose their special tax incentive.”

On Wednesday, Carney summed up the Republican position this way: “We’d rather see our national security undermined than corporate jet owners, God forbid, give up their tax break.”

And President Obama in an interview Wednesday with KAKE-TV in Wichita: “What we don’t want to do is give somebody who’s buying a corporate jet an extra tax break.”

Carney has brought up the corporate jet tax break at every single briefing this week.

Listening to the White House, you might think that the “balanced” Democratic plan to avert the spending cuts would close that loophole for private jets.

But you would be wrong.

The Senate Democratic plan – which has been endorsed by the White House and is, in fact, the only Democratic plan actively under consideration right now – doesn’t touch corporate jets.

OK, let’s all run to the mirror and practice our shocked faces.

Naturally, this is yet another wearisome assault on very successful people that President Obama loves making but really means very little in terms of tax revenue, totaling around $300 million a year. But it makes a lovely class warfare line in his never ending campaign stump speech.

Stephen Kruiser is a professional comedian and writer who has also been a conservative political activist for over two decades. A co-founder of the first Los Angeles Tea Party, Kruiser often speaks to grassroots groups around America and has had the great honor of traveling around the world entertaining U.S. troops.

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All Comments   (7)
All Comments   (7)
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I am shocked, shocked to find that the National Democrat Leadership is carving-out a special tax-break for Warren Buffet and his NetJets.
When will the RICH pay their fair share?
1 year ago
1 year ago Link To Comment
It's worse than that. Obama is simply lying. He doesn't care about this accelerated depreciation schedule (it's the difference between seven years for commercial aircraft and five years for private aircragft). He cares about constantly beating the class warfare drums. But if K Street keeps winning this fight in the committees and subcommittees year after year, it's not skin off his nose, so long as they keep contributing to OfA and the Dems. That's pretty much the definition of a scam, confidence game, hustle, sting, grift.
1 year ago
1 year ago Link To Comment
Did you know that Democrat and mega billionaire Obama supporter Warren Buffet owns Net Jets, the largest private jet fleet in the world with more than 650 aircraft worldwide. It is also being dunned for hundreds of millions in taxes it has not paid.

Once you follow the money trail you understand why Buffett and Obama support each other.
1 year ago
1 year ago Link To Comment
Republicans being the "party of the rich" has always been a lie. Sure, they sound like they protect the rich at times but, that's just being realistic. If you don't have rich people, who is going to pay 70% of the taxes?
So, when is any reporter going to bring up this "jet" business to Carney?
Somebody better send Ed Henry or Wendall Goler (Fox guys) a note 'cause I don't expect it from any of the lapdogs!
Heaven forbid anyone ask Skeeter! That just wouldn't be genteel, eh?
1 year ago
1 year ago Link To Comment
"If you don't have rich people, who is going to pay 70% of the taxes?"

Not only that, but with the way tax filing works for small businesses, those who qualify as "rich" in the Democrats' eyes create damn near 100% of the jobs.
1 year ago
1 year ago Link To Comment
I wonder if President Zippy and Tiger Woods talked about Tiger's corporate jet when they were on the links recently. With no press allowed on that little trip we will never know.
1 year ago
1 year ago Link To Comment
A little over twenty years ago, they tried to impose a "luxury tax" on planes, yachts, etc ... and it was quickly repealed, once they saw how many American jobs were lost as a result of it.

The rich can take their business elsewhere, far easier than the Powers That Be can come up with replacements for the jobs lost through such simplistic fiscal policy.

Said PTB's need to be careful what they ask for ...
1 year ago
1 year ago Link To Comment
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