Business aviation advocates were relieved that last week’s votes on the debt ceiling excluded user fees and changes to corporate aircraft depreciation schedules, but they warn that such tax changes still may lie ahead. The Senate on Aug. 2 approved a bill to raise the $14.3 trillion debt ceiling, following an affirmative House vote a day earlier. But the bill also calls for a special joint committee to develop by late November recommendations for $1.5 trillion in additional deficit ...
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