FAA ECONOMISTS are beginning to delve into how much revenue the Airport and Airway Trust Fund stands to lose under a year-old tax law that channels business jet fuel tax revenue into the Highway Trust Fund. Under the law, jet fuel sold to business jet operators is taxed at the highway diesel fuel rate, which is 2.5 cents more than the jet fuel tax. When approved fuel vendors demonstrate that the fuel was used for aviation purposes, the money is transferred from the Highway Trust Fund into ...

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