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In reply to the discussion: Georgia passes tax bill punishing Delta for NRA split [View all]onenote
(42,700 posts)A lot of folks are suggesting Delta should retaliate and go somewhere where they'll get tax breaks. Really? Are we now supporting more tax breaks for big corporate entities?
The jet fuel tax exemption has a long and somewhat checkered history. It was first adopted in the early 2000s when the airlines were struggling. By 2015, the airlines had recovered enough that the legislature voted to eliminate the exemption, which raised more revenue for the state's general fund, some of which was earmarked to help schools. The FAA, however, ruled that jet fuel tax revenues can't be put in a state's general fund, but can only be used for limited purposes relating more directly to air transportation. With that in mind and with the Trumpian theology of cutting taxes for big corporate entities having prevailed at the federal level, the state legislature considered reinstating the jet fuel tax exemption. They ended up not doing so in a fit of NRA-sucking up pique. But the fact that they reason they didn't reinstate the tax break was fucked up doesn't make giving a big corporate entity an exemption good policy.