Over the past few years my small aircraft leasing business has been failing. I rent my little, 2-seat, trainer aircraft out to flight students. My two airplanes probably each cost less than most people’s cars. I rent them for cheep, during good times I break even. Over the past few years I have lost about $30,000 in my two planes due to the economic slump. Nobody has the money to train to be a pilot anymore.
Now Obama wants to impose a $100 per-flight user tax on my little planes!
Imagine having to pay $100 to drive to work every day and another $100 to drive home!