The Constitution was made to guard the people against the dangers of good intentions." --American Statesman Daniel Webster (1782-1852)

Sunday, March 11, 2012

International Air Transport Association urges relaxation on Tax burden

The International Air Transport Associationurged U.S. policy makers to ease the tax and regulatory burdens on the airline industry for competitive reasons.
In his remarks the 37th FAA Aviation Forecast Conference, IATA’s director general and CEO Tony Tyler called for a new approach to taxes and regulatory policy.
“Taxes and fees now represent 20% of a U.S. [airline] ticket,” said Tony. “The Administration’s 2013 budget proposal heaps even more taxes on aviation, with much of the receipts used to balance the budget or reduce the deficit.”
He also said the government seeks to micromanage how airlines compete, and he wants to form a coalition to “deliver a strong message for a policy on aviation that includes reasonable taxation and competitiveness-enabling regulation.”

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