President Barack Obama did not specify corporate jets during his Feb. 12 State of the Union speech, but the continued discussion about eliminating “tax loopholes and deductions for the well-off and well-connected” leaves industry leaders and Republican lawmakers wary about the continued push to change business aircraft depreciation schedules. In his speech, Obama said the government should “save hundreds of billions of dollars by getting rid of tax loopholes” and asks “why would we ...


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