Tuesday, October 28, 2025

Who Benefits from the One Big Beautiful Bill?

Private Jets and Car Washes Are the Latest Tax Shields for the Ultrarich
https://www.fa-mag.com/news/private-jets-and-car-washes-are-the-latest-tax-shields-for-the-ultrarich-84625.html
The key reason: a tax break solidified in the One Big Beautiful Bill Act that allows people with businesses to fully write off purchases of private jets in the year they buy them.