National Review and The Hill recently posted articles (see below) about the President's bashing of the corporate jet tax credit, noting his negative focus on it during a recent press conference. During the conference, he made six (sarcastic) references to the corporate jet tax credit, which McLaughlin panelists on their July 2 TV broadcast, say is inconsequential in its contribution to the budget and national debt.
This is the same tax credit that was part of the 2009 Stimulus program and was intended to boost the economy and employment. Since Obama has lately urged the country to focus on manufacturing to relieve unemployment, it doesn't make sense that he wants to put a stop to a manufacturing effort that less than two years ago he wanted to boost.
National Review article: Corporate Jets and Tax Breaks
The Hill article: Obama takes populist turn with attacks on tax breaks for corporate jet owners
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