Bill targets private jet tax breaks after 2025 law

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Bill targets private jet tax breaks after 2025 law

(The Center Square) – A bill introduced Thursday would end tax breaks tied to private jet expenses, following a 2025 federal law that expanded tax benefits for them and other business aircraft.

U.S. Rep. Eugene Vindman, D-Va., along with Reps. Kristen McDonald-Rivet, D-Mich., and Greg Landsman, D-Ohio, introduced the legislation, which would block companies from writing off the cost of private jets and related expenses, according to the bill.

Stop Subsidizing Private Jets Act of 2025, as the legislation is known, would prohibit deductions for what it defines as “disqualified private plane expenditures,” including costs associated with purchasing, maintaining and operating certain private aircraft.

The bill includes exemptions for aircraft primarily used to transport property, as well as planes used for agriculture, firefighting, emergency medical services, flight instruction, skydiving operations and certain commercial flights available to the public.

If passed, the changes would apply to expenses incurr...

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