Lawmakers Press to Eliminate Private Jet Travel Subsidies
The Stop Subsidizing Private Jets Act of 2026 would close loopholes in Trump's tax codes that allow billionaires to write off planes as business expenses.
When I wrote recently in CNN Business that there should be fewer billionaires in the United States, it was nothing personal. The problem, as I wrote, isn’t a few individuals making money. It’s the whole system that allows their wealth to balloon, all at the expense of everything else we care about – including our democracy.
My colleague Sarah Gertler illustrated – literally – how this system works for us! Take a look and read the full article to learn more about the corrosive impact of billionaire wealth on our democracy.
