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Billions of dollars diverted from Airport and Airway Trust Fund

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The Government Accountability Office estimates that, since fiscal year 2006, between $1 billion and $2 billion, or more than half of tax receipts for sales of noncommercial jet fuel, have not been transferred into the Airport and Airway Trust Fund from the Highway Trust Fund, based on analysis of Federal Aviation Administration (FAA) and IRS data. (www.gao.gov) More...

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zcolescott
https://flightaware.com/squawks/view/1/7_days/new/56949/GAO_Report_Validates_NBAA_Position_on_Improper_Diversion_of_Jet_A_Taxes
bentwing60
bentwing60 4
Thanks Zachary. I must say I am truly (sarcasm font) "shocked". We may not have a corner on the "public corruption" market in this world but we do have the largest market and it's "carcass" is being picked at like never before!

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