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flyonthewallzz11 months ago

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http://www.motherjones.com/news/feature/2009/01/fi...

"Since 1985, executives have been able to take nearly free personal trips on company jets; all they pay is income tax on the value of the travel. Under federal rules, this travel is valued so low that flying a Boeing 737 equipped with a shower and master bedroom from New York to Paris costs an exec less than $500 as long as the company claims it is unsafe for him to fly commercial. (Try getting a middle seat in coach for that.) On top of that, companies get to deduct the full cost from their taxes. So if that Paris flight costs $100,000, government loses out on about $35,000 in taxes, and shareholders shoulder the remaining $65,000 in the form of reduced profits."

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  b-happy11 months ago
  
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  I think we need to hold the same ****** off standards towards our government as we do for big corporations. Why do we allow our government to get away with these things while big corps. take our abuse. Double standard.
  
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  Engnr11 months ago
  
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  Does this mean the two 747s called Air force one will be traded in for a couch seat for King BO. When Govt starts meddling in private company affairs it is called SOCIALISM. And guess who is on the bottom of the social order. YOU!
  
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