• News
    • Tech
    • Lifestyle
    • Business
    • Opinion
    • Premium
  • Reviews
  • Events
    • Nigeria
    • South Africa
  • Tools
    • Price Guide
    • Find your idea car
    • Car valuation
    • Sell your car
    • Car insurance quote
    • Locate a dealer
    • Deals
  • For Sale
    • New Cars for sale
    • Cheap Cars for sale
    • Bikes for sale
    • Trucks for sale
    • Boats for sale
    • Jets for sale in Africa
    • Cars under 5m
    • EV in Nigeria
    • EV in South Africa
Thursday, October 16, 2025
  • Login
Auto Journal Africa
  • News
    • Tech
    • Lifestyle
    • Business
    • Opinion
    • Premium
  • Reviews
  • Events
    • Nigeria
    • South Africa
  • Tools
    • Price Guide
    • Find your idea car
    • Car valuation
    • Sell your car
    • Car insurance quote
    • Locate a dealer
    • Deals
  • For Sale
    • New Cars for sale
    • Cheap Cars for sale
    • Bikes for sale
    • Trucks for sale
    • Boats for sale
    • Jets for sale in Africa
    • Cars under 5m
    • EV in Nigeria
    • EV in South Africa
Ask Autojorunal AI
No Result
View All Result
  • News
    • Tech
    • Lifestyle
    • Business
    • Opinion
    • Premium
  • Reviews
  • Events
    • Nigeria
    • South Africa
  • Tools
    • Price Guide
    • Find your idea car
    • Car valuation
    • Sell your car
    • Car insurance quote
    • Locate a dealer
    • Deals
  • For Sale
    • New Cars for sale
    • Cheap Cars for sale
    • Bikes for sale
    • Trucks for sale
    • Boats for sale
    • Jets for sale in Africa
    • Cars under 5m
    • EV in Nigeria
    • EV in South Africa
No Result
View All Result
Morning News
No Result
View All Result
Home Read a ride Aerospace

Proposed Tax on Business Jets Sparks Debate in the U.S

Michael Olabode Williams by Michael Olabode Williams
February 28, 2025
in Aerospace, Premium
0
private jet

private jet

1.2k
SHARES
21.5k
VIEWS
Share on FacebookShare on Twitter

Private jet users in the U.S. may soon face higher taxes, following the introduction of new legislation aimed at increasing fuel levies on business aircraft. Meanwhile, similar surcharges are set to take effect in the U.K. and France this year.

U.S. Senator Edward Markey (D-Massachusetts) has reintroduced the Fueling Alternative Transportation with a Carbon Aviation Tax (FATCAT) Act (S.173), which proposes raising the fuel tax on private jets from 22 cents to $2 per gallon. According to Markey, this adjustment translates to an estimated $200 per tonne of carbon dioxide emissions per aircraft. The bill was initially introduced in 2023 but failed to progress in Congress.

READ ALSO

China lifts global EV sales to record high in September

UK drivers sue carmakers over diesel test ‘cheating’ in £6bn case

Markey argues that private jet owners should contribute more to public infrastructure and environmental initiatives, stating, “It is time to make billionaire fat cats pay the absolute bare minimum to fly private jets and prioritize clean public transportation.” However, industry advocates such as the National Business Aviation Association (NBAA) oppose the bill, emphasizing that private aircraft serve essential business functions. They highlight that the business aviation sector contributes approximately $150 billion to the U.S. economy and supports over one million jobs.

While critics often associate private jets with luxury, NBAA President Ed Bolen points out that these aircraft are vital for businesses operating in regions with limited commercial airline access. He noted that out of more than 5,000 public-use airports in the U.S., fewer than 500 have regular airline service, making business aviation a critical lifeline for many communities.

Despite the debate, the proposed tax faces a challenging path forward in Congress, particularly with Republican majorities in both chambers. In contrast, new taxation policies on private aviation in the U.K. and France are set to take effect soon.

Starting March 1 in France, charter and private jet passengers will incur surcharges ranging from $218 to $2,200 per flight, depending on aircraft type and destination. The revenue from this tax will contribute to France’s plan to cut $62 billion in public spending for the 2025 fiscal year. However, industry experts warn that these additional costs could deter investors and impact jobs, with the European Business Aviation Association estimating potential losses of up to $120 billion in foreign investment and 104,000 jobs over five years.

Similarly, the U.K. will implement its Air Passenger Duty (APD) on April 1, charging private jet travelers between £84 ($106) and £673 ($850) per passenger, based on distance and aircraft type. The British government expects the added expense to be passed on to consumers but believes the levy will help generate public funds.

The impact of such luxury taxes on high-end industries has historically been significant. In 2012, Italy’s attempt to impose a yacht tax resulted in substantial financial losses for the maritime sector. Similarly, the U.S. luxury tax of 1991, which applied to expensive boats, aircraft, and cars, led to steep declines in sales and job losses across related industries. Critics argue that history could repeat itself if private jet taxes deter business aviation activity and economic investment.

read more on South Africa opens rail network to private operators in a bid to revive economy

Tags: HeadlinePrivate jet

Related Posts

EV sales in September
Cars/SUVs

China lifts global EV sales to record high in September

October 15, 2025
UK Drivers Sue Carmakers Over Diesel Test Cheating
Cars/SUVs

UK drivers sue carmakers over diesel test ‘cheating’ in £6bn case

October 14, 2025
Tesla and Lucid
Electric Vehicles

Lucid Motors gains ground as Tesla’s model S loses shine after 12 years

October 13, 2025
Volvo Ex90 EV upgrade
Electric Vehicles

Volvo offers free upgrades to EX90 owners in move to win back trust

October 13, 2025
Phantom 3500 windowless jet
Aerospace

Flexjet orders 300 windowless ‘Phantom 3500’ jets in $10bn deal

October 13, 2025
Hyundai Motor Company
Electric Vehicles

Hyundai announces global vehicle overhaul in $2.7bn EV push

October 13, 2025
Next Post
Aston Martin Faces Financial Challenges with Over $1 Billion in Debt, Announces Workforce Reductions

Aston Martin Faces Financial Challenges with Over $1 Billion in Debt, Announces Workforce Reductions

POPULAR NEWS

Inferno at Toyota 1000 Desert Race consumes 49 cars

Inferno at Toyota 1000 Desert Race consumes 49 cars

July 3, 2023
Mobius Motors

Mobius Motors: Rising taxes, competition ends Kenyan SUV maker’s journey

August 7, 2024
Autojournal car race

Get ready for the biggest RACE show this December in Nigeria

August 12, 2024
From style to sustainability: How Geely Auto is shaping the future of luxury vehicles

From style to sustainability: How Geely Auto is shaping the future of luxury vehicles

October 25, 2024
Oyo State Governor gifts Saheed Osupa Toyota Prado SUV worth ₦70M 

Oyo State Governor gifts Saheed Osupa Toyota Prado SUV worth ₦70M 

August 22, 2023

EDITOR'S PICK

Jubril Arogundade

Jubril Arogundade: Buying new Nigerian-made cars boosts the economy, cuts carbon emissions by 50%

May 15, 2024
Safe Return: The new tech making single-pilot flights safer than ever

Safe Return: The new tech making single-pilot flights safer than ever

May 24, 2025
How 7Star Global Hangar leads aircraft maintenance in Sub-Saharan Africa

How 7Star Global Hangar leads aircraft maintenance in Sub-Saharan Africa

November 20, 2024
NCAA cracks down on airlines for deceptive departure times

NCAA cracks down on airlines for deceptive departure times

July 10, 2024

About

Auto Journal Africa is the leading online and print magazine for automobiles in Africa.

Follow us

Recent Posts

  • China lifts global EV sales to record high in September
  • UK drivers sue carmakers over diesel test ‘cheating’ in £6bn case
  • Driver dies in Xiaomi EV fire, shares dive over 8%
  • Lucid Motors gains ground as Tesla’s model S loses shine after 12 years

Links

  • Privacy Policy
  • About Us
  • Contact Us
  • News
  • Reviews
  • Events
  • Tools
  • For Sale

© 2023 Auto Journal

No Result
View All Result
  • News
    • Tech
    • Lifestyle
    • Business
    • Opinion
    • Premium
  • Reviews
  • Events
    • Nigeria
    • South Africa
  • Tools
    • Price Guide
    • Find your idea car
    • Car valuation
    • Sell your car
    • Car insurance quote
    • Locate a dealer
    • Deals
  • For Sale
    • New Cars for sale
    • Cheap Cars for sale
    • Bikes for sale
    • Trucks for sale
    • Boats for sale
    • Jets for sale in Africa
    • Cars under 5m
    • EV in Nigeria
    • EV in South Africa

© 2023 Auto Journal

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In