The Airlines Work for Uncle Sam

“Bryan Riley, writing for The Daily Signal, tells us that the government’s cash register rings every time we step on a plane. According to Airlines for America, $61.49 of a $300 domestic round-trip ticket goes to federal government taxes. That’s almost as much as fuel ($63.47) and more than labor ($51.52). Other expenses total $123.11, leaving 41 cents for profits.  That’s right: Uncle Sam takes 20% off the top, while only 0.1% drops to the bottom line. And by the way, that doesn’t include taxes on payroll or jet fuel.  What’s worse than a government picking your pocket? Two governments picking your pocket, as they do for international flights.”

http://www.caseyresearch.com/articles/the-airlines-work-for-uncle-sam

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